Smartphone in pounds: Why can the Turks not buy an iPhone? - Walla! Of money

2021-11-24T14:52:53.848Z

The Turkish lira has fallen by 15% in the last day and by 22% in total since the beginning of the week, causing the price of electronics in the country to fall. Apple responded by canceling sales until the situation stabilized

Of money

Smartphone in pounds: Why can the Turks not buy an iPhone?

The pound has fallen 15 percent in the past day and 22 percent overall since the beginning of the week, causing consumer electronics prices to plummet.

Apple has reacted by canceling iPhone sales until the situation stabilizes: "At the moment the Turks are thinking of buying products as an investment"

Meet your new Wonder at Bank Hapoalim

To the full article

Not worth a pound.

Change stand in Istanbul (Photo: ShutterStock)

The good news is for tourists staying in Istanbul and being able to get more for the money exchanged at local shops, but not for Turks.

Residents who entered Apple's online store yesterday came across an "unavailable" message on iPhones.

Because of the currency slump, devices have become 10% cheaper compared to U.S. prices.

An Apple representative in Istanbul said that the motivation of customers to purchase electronics is not due to the desire to use them right now. "They more see it as an investment.

They know they can sell at a higher price than they bought. "Apple declined to comment officially.

Meanwhile, President Recep Tayyip Erdogan defends economic policy and claims he is taking the right steps" in our economic war of independence. "He said:" I oppose all A policy that will bind us and weaken the economy, will promote citizens to unemployment, hunger and poverty. "