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2021-11-24

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"Not currently available": Turks can't buy iPhones, other electronics after lira plunge

ISTANBUL, Nov 24 (Reuters) - Turks attempting to buy iPhones and other electronics received online e

"Not currently available": Turks can't buy iPhones, other electronics after lira plunge

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As both the sellers and the marketplace need each other, sellers oblige,\" an e-commerce official based in Istanbul told Reuters.</p>\n<p>Caner, a graphic designer in Istanbul in the market for an electric scooter, said: \"It is the worst time to spend money, but there won't be a better time. 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The local prices of phones and computers were some 10% below U.S. prices following the sudden depreciation in the lira.</p>\n<p>A sales representative at an Istanbul Apple store said people were thinking of electronics as an investment as much as items to use.</p>\n<p>\"It is pretty surreal with the economy and all, but people see it as a store of value and flock to stores. They know they'll be able to sell it a year later for more than what they paid,\" the person said, requesting anonymity.</p>\n<p>Customers were flocking to upmarket import brands, primarily electronics and cosmetics, a Turkish e-commerce company official said.</p>\n<p>The lira's meltdown coincides with Black Friday sales and the start of new-year discounting, stoking fears that some consumer goods would not be available or face big price hikes.</p>\n<p>\"Most marketplaces are asking their big sellers to keep the prices steady and refrain from increases, at least during the discount week. As both the sellers and the marketplace need each other, sellers oblige,\" an e-commerce official based in Istanbul told Reuters.</p>\n<p>Caner, a graphic designer in Istanbul in the market for an electric scooter, said: \"It is the worst time to spend money, but there won't be a better time. 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The local prices of phones and computers were some 10% below U.S. prices following the sudden depreciation in the lira.\nA sales representative at an Istanbul Apple store said people were thinking of electronics as an investment as much as items to use.\n\"It is pretty surreal with the economy and all, but people see it as a store of value and flock to stores. They know they'll be able to sell it a year later for more than what they paid,\" the person said, requesting anonymity.\nCustomers were flocking to upmarket import brands, primarily electronics and cosmetics, a Turkish e-commerce company official said.\nThe lira's meltdown coincides with Black Friday sales and the start of new-year discounting, stoking fears that some consumer goods would not be available or face big price hikes.\n\"Most marketplaces are asking their big sellers to keep the prices steady and refrain from increases, at least during the discount week. 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"Not currently available": Turks can't buy iPhones, other electronics after lira plunge

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