In China, where one-third of the world’s smartphones are currently being sold, $549 translates to 3359.88 yuan. That’s about an average month’s salary in China, according to this data from 2012, or three months of a bus driver’s monthly salary, according to another source. In other words, buying an iPhone for your average Chinese citizen would be much like buying a cheapish second-hand car for $5,000 to $10,000 in the U.S.
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