On June 23 the British voted for departure or stay in the European Union. The ‘Brexit’ beat and the British people panicked. The pound fell for a few hours and since then has fluctuated in value against other currencies like the dollar and the euro. Today, the pound reached its lowest level in the last 30 years, representing an increase in prices of foreign products. And the iPhone 7 is no exception.
As you can see in the graph, the value of the pound has dropped to $ 1,336 this morning from $ 1.46 where it stood just before the ‘Brexit.’ This causes an increase in the price of the iPhone 7 and iPhone 7 Plus Apple introduced yesterday afternoon as well as other electronic devices.
While the iPhone 6s had 539 pounds (637 euros) last year, the base of the iPhone 7 model now costs on the Apple website 599 pounds (708 euros), which translates into 71 euros more for the terminal lower capacity. And if we look at the Plus models, the iPhone 6s Plus output cost 619 pounds (720 euros), and iPhone 7 Plus has gone on sale for 719 pounds (836 euros). Recall that the new iPhone 7 are presented in United States dollars at the same price -in his brothers from the previous generation last year.
And it’s not just the new iPhone 7 which have risen in value, as Apple has increased the price of your other devices for sale. The Apple Pencil has gone from 79 to 99 lbs, and Sports Band for Apple Watch 39 to 49 pounds. On the other hand, while the iPad Pro has been reduced in value in the US, in the UK they have risen 50 pounds every model.
In the days before the vote by the ‘Brexit’, many economists and businessmen predicted that this would happen. People did not think it would be so hard for his kingdom, but prices for foreign products are becoming more expensive rapidly while the value of its currency decreases.