We informed you that the iPhone 4S has just been launched in Brazil and the prices are extreme higher than the US prices. In the Apple Store the 16 GB SIM-free version comes with a R$ 2599 price tag and the 32GB/64GB versions sells for R$ 2999/R$ 3399. The exchange rate of Brazilian dollar is approximately R$ 1.71 to USD 1.00 which means the 64GB iPhone 4S costs $2000 in Brazil and in the US it cost three times less with a price tag of only $849. But what is the reason for this high price tag?

For $2000 you can get a lot of other interesting stuff in Brazil, you can even but a nice car for that money, here you can find a slideshow that cleverly depicts what this amount of money can buy folks in Brazil.

This is why iPhone 4S made in China and imported into Brazil is overpriced: 46,76% Taxes. Infographic by iG Economia.

But still with the 46,76% tax it doesnt make sense why the iPhone 4S costs 3 times as much. Any more ideas why?

Source [9to5mac]