iPhone price in India 4th highest in the world: Report

New Delhi: If you are looking for the best rate for an iPhone, India is not the ideal country. A new report has found that the price of iPhone XS in India is the fourth highest in the world.

At $1,635, the cost of iPhone XS in India is less only when compared to Brazil, Turkey and Argentina, said the report from Deutsche Bank.

"Don't lose or damage your iPhone on holiday in Brazil, Turkey, Argentina, India or Greece as iPhones are 25-65 per cent more expensive than in the US - still the cheapest place to buy outside of Nigeria which we can't quite explain," said the "Mapping the World's Prices 2019" report from Deutsche Bank.

The report revealed that iPhones are cheaper in Bangladesh than in India.

Apart from iPhones, the survey gives an account of the price differences of things like hotel rentals, gas price and haircuts among others.

Haircuts in Copenhagen, Oslo and Zurich are 10-15 times as expensive as in Dhaka, Bengaluru, Manila and Cairo, the findings showed.

"For those living in Singapore, Copenhagen or Oslo, you are actively discouraged from buying a new car as policy makes it extraordinarily expensive. So maybe walk or ride a bike more there," said the report.

London has the most expensive public transport in the world and is also the costliest place to hire a car, according to the survey.

Meanwhile, Apple on Tuesday introduced the new iPod touch which packs the A10 Fusion chip designed to bring improved performance in games and offer Group FaceTime, making it easy to chat with family members, friends or colleagues simultaneously.

The new iPod touch starts at Rs 18,900 for the 32GB model, Rs 28,900 for the 128GB model and Rs 38,900 for the 256GB model and is available through Apple authorised resellers and select carriers.

"We're making the most affordable iOS device even better with performance that is twice as fast as before, Group FaceTime and augmented reality starting at just $199," said Greg Joswiak, Apple's Vice President of Product Marketing.

"The ultra-thin and lightweight design of iPod touch has always made it ideal for enjoying games, music and so much more wherever you go," Joswiak added.