(TECH) The World’s Most Expensive iPhone

"Why is Israel home to the most costly Apple smartphone on earth?

As Apple’s latest smartphone hits Middle Eastern markets consumers have noticed one thing: the price.

Often viewed as a high-tech hub, when is comes to consumer electronics Israeli tech analysts say pricing goes through the roof.

According to a survey by Israel’s business daily The Marker the price of an unlocked 16 gigabyte iPhone 4 in Israel will set you back $1,084, compared to $790 for the same model in the United Kingdom and $751 in Canada. It is not possible to buy an unlocked iPhone in the United States."