Due to popular demand from our users, the DFA crew has released a new website exclusively for Apple products known as the Apple Price Index.
Apple Price Index compares the price of Apple products globally, much like the Big Mac Index. Unlike Duty Free Addict, Apple Price Index does not take into account duty free discounts available to travellers and simply represents the recommended retail price of Apple products including domestic taxes (i.e. the take-home price for a local consumer, e.g. a Brit in the UK, an Aussie in Australia or an American in the USA).
Apple Price Index – why prices vary
Whilst Apple products are manufactured in one place, there remain a number of reasons why prices vary globally (sometimes significantly). Some reasons include taxes, transport costs, wage costs, rent. Further, frequent fluctuations in currency (vs less-frequent price releases) also represent an opportunity for travellers to arbitrage the price of Apple products whilst overseas vs prices at home (this is why Duty Free Addict exists). For these reasons, we tend to see large variances in Apple prices between locations.
Apple Price Index – Travellers arbitrage
For travellers looking for duty free prices of Apple products, continue to look here at Duty Free Addict. Apple products are a perfect gift and are generally an easy product to buy whilst overseas as they work globally (charging via usb) and are generally small and fit easily into your suitcase! For local consumers (i.e. an Aussie in Australia or an American in the USA), head over to Apple Price Index to see how your local prices compare vs your global compatriots!
Apple Price Index – 100 products in 12 countries
Apple Price Index is currently in beta and includes around 100 products in 12 countries. Prices are updated frequently and we hope you find the insights useful.
If you are interested in receiving periodic updates every time Apple releases its new product and price list, please head over to Apple Price Index and subscribe to our email list.
We hope readers find the information useful and we would be happy to provide more information for those who wish to email us.