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iPhone 17 Prices Lay Bare Global Affordability Gap as Peru Confirms Pro Max Pricing

A wage-based study estimates U.S. buyers need about 21 to 31 work hours to afford Apple’s latest phones.

Overview

  • Apple’s iPhone 17 lineup is on sale with official U.S. launch prices of $799 (iPhone 17), $1,099 (17 Air), $1,199 (17 Pro) and $1,299 (17 Pro Max).
  • The Depresión Económica analysis, using ILO wage data and a California tax assumption, estimates about 21 work hours for the base model and 31 for a 17 Pro Max in the U.S.
  • The study underscores sharp cross-country gaps, estimating 17–26 hours in Switzerland versus roughly 352–545 in Mexico and about 967–1,749 in India.
  • Separate reporting notes the 17 Pro Max can reach around $2,000 in some international markets, reflecting local markups beyond Apple’s list prices.
  • In Peru, authorized reseller iShop lists the 17 Pro Max at S/6,799 for 256GB with delivery from October 27, with 512GB at S/7,999 and 1TB at S/8,999.