Despite a recent wage increase of P35, approved by the RTWPB-NCR, the minimum wage in the Philippines remains relatively low. For non-agriculture workers in the private sector, the current daily minimum wage stands at P645.
This starkly contrasts with the P54,990 base price of the newly launched iPhone 16. A minimum wage earner would need to work approximately 86 days to afford the device, assuming no other expenses.
While many Filipinos prioritize necessities over luxury items like the iPhone 16, it’s important to acknowledge that personal choices vary. Saving up for a desired product, like a new smartphone, can be a source of motivation and satisfaction for some individuals.
However, it’s crucial to balance personal aspirations with financial realities. Ensuring access to basic necessities like food and shelter should always be a top priority.
Yesterday’s Glowtime event unveiled the iPhone 16, and pre-orders are expected to begin next month.
