Women Have to Work Longer to Afford the Same iPhones as Men

There's nothing like a new Apple gadget to test consumer appetites, or to illustrate the enduring wage disparity between men and women.

Bloomberg crunched the latest U.S. median pay data and factored in the retail cost of an iPhone 6s Plus to create the iPhone Gender Pay Gap index. The results show that across an array of professions from bartenders to CEOs, women on average must work eight extra hours, or a full day, to be able to buy the same product.