Apple Reduces iPhone Prices in India Following Import Duty Cuts


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Apple has reduced the prices of its iPhone models in India by 3% to 4% following the Indian government’s decision to lower import duties on smartphones from 20% to 15%. The price cuts range from ₹300 (approximately $3.60) for models such as the iPhone 13, iPhone 14, and iPhone 15, to up to ₹6,000 (approximately $72) for the iPhone 15 Pro and Pro Max.

apple india

This price reduction marks the first time Apple has lowered prices on current-generation Pro models in India. The move comes at a time when demand for iPhones appears to be slowing in China. According to Canalys, Apple’s smartphone shipments in China declined by 6.7% in the quarter ending in June compared to the same period last year. This slowdown has created a bottleneck for Apple in mainland China, according to Canalys research analyst Lucas Zhong.

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Despite the price reduction, iPhones remain expensive in India. For example, the cheapest iPhone 15 Pro model costs $1,550 in India, compared to $999 in the United States.

India has emerged as a crucial market for Apple, with the company significantly expanding its manufacturing base in the country. According to Morgan Stanley, Apple’s revenue from India jumped 42% to $8.7 billion in 2023 from the previous year. iPhone shipments in India increased by 39% to 9.2 million units in 2023, making it the company’s fifth-largest market for its phones. India’s market for iPhones is now larger than any single country in the European Union.

Read Also:  iPhone 16 Pro Max Desert Titanium Dummy Video Surfaces Online

Apple’s share of the Indian smartphone market is also on the rise as the domestic economy improves. The company’s market share reached double digits in Q4 of last year, though it has slightly fallen since, according to UBS and Counterpoint.

Additionally, Moneycontrol reported that Apple plans to start assembling the Pro models of its next-generation iPhone in India this year. This move aligns with Google’s announcement last year that it would begin manufacturing its Pixel lineup in India starting in 2024.

Key Points:

  • Price Reduction: Apple cuts iPhone prices in India by 3%-4% following reduced import duties.
  • China Slowdown: Demand for iPhones in China declines, impacting shipments.
  • India Market Growth: Significant increase in revenue and shipments in India.
  • Manufacturing Expansion: Plans to assemble next-gen iPhone Pro models in India.
Disclaimer: We may be compensated by some of the companies whose products we talk about, but our articles and reviews are always our honest opinions. For more details, you can check out our editorial guidelines and learn about how we use affiliate links.

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  22. August 4, 2024

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  23. August 4, 2024

    As a sophomore student and part-time cryptocurrency trader, I had amassed over $150,000 worth of Bitcoin in my digital wallet. My journey into the world of cryptocurrency had started as a mere curiosity but quickly evolved into a profitable sideline, helping me to cover tuition and living expenses. However, a seemingly minor mishap during a family holiday in Dubai almost resulted in a catastrophic loss.While enjoying the stunning views from one of Dubai’s famed skyscrapers, I decided to take a selfie. In a twist of fate, my excitement quickly turned to dismay as my phone slipped from my hands and smashed on the pavement below. Not only did I lose a valuable device, but I also lost access to my Bitcoin wallet. The situation felt hopeless because, like many other traders, I had neglected to store my recovery phrase in a separate, secure location.Desperate for a solution, I scoured the internet for a recovery service and stumbled upon Hack Buster Recovery . Skeptical but desperate, I reached out to their team, explaining my situation and the absence of my recovery phrase. To my relief, they responded promptly and professionally, assuring me that they had the tools and expertise to attempt a recovery of my wallet.The process was straightforward. After verifying my identity and ownership of the wallet, Hack Buster Recovery team guided me through their secure protocol. What impressed me most was their ability to foster a sense of security and trust throughout the recovery process. They were transparent about what steps they were taking and regularly updated me on their progress.To my immense relief, they successfully recovered my Bitcoin wallet, despite the lack of a recovery phrase. They utilized advanced cryptographic techniques to access the wallet, ensuring that all security measures were ethical and within the legal boundaries.Hack Buster Recovery’s efficiency not only saved my financial investment but also taught me an invaluable lesson about the importance of securing digital assets. Their service highlighted the critical need for maintaining backups of all recovery phrases and using additional security measures to safeguard one’s investments.I would highly recommend Hack Buster Recovery to anyone facing similar digital dilemmas. Their professional demeanor, combined with their cutting-edge techniques, provides a safety net for cryptocurrency enthusiasts who find themselves in precarious situations. Their help was a turning point in my trading career, reinforcing the need for vigilance in the increasingly digital world we navigate.

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  24. August 4, 2024

    As a sophomore student and part-time cryptocurrency trader, I had amassed over $150,000 worth of Bitcoin in my digital wallet. My journey into the world of cryptocurrency had started as a mere curiosity but quickly evolved into a profitable sideline, helping me to cover tuition and living expenses. However, a seemingly minor mishap during a family holiday in Dubai almost resulted in a catastrophic loss.While enjoying the stunning views from one of Dubai’s famed skyscrapers, I decided to take a selfie. In a twist of fate, my excitement quickly turned to dismay as my phone slipped from my hands and smashed on the pavement below. Not only did I lose a valuable device, but I also lost access to my Bitcoin wallet. The situation felt hopeless because, like many other traders, I had neglected to store my recovery phrase in a separate, secure location.Desperate for a solution, I scoured the internet for a recovery service and stumbled upon Hack Buster Recovery . Skeptical but desperate, I reached out to their team, explaining my situation and the absence of my recovery phrase. To my relief, they responded promptly and professionally, assuring me that they had the tools and expertise to attempt a recovery of my wallet.The process was straightforward. After verifying my identity and ownership of the wallet, Hack Buster Recovery team guided me through their secure protocol. What impressed me most was their ability to foster a sense of security and trust throughout the recovery process. They were transparent about what steps they were taking and regularly updated me on their progress.To my immense relief, they successfully recovered my Bitcoin wallet, despite the lack of a recovery phrase. They utilized advanced cryptographic techniques to access the wallet, ensuring that all security measures were ethical and within the legal boundaries.Hack Buster Recovery’s efficiency not only saved my financial investment but also taught me an invaluable lesson about the importance of securing digital assets. Their service highlighted the critical need for maintaining backups of all recovery phrases and using additional security measures to safeguard one’s investments.I would highly recommend Hack Buster Recovery to anyone facing similar digital dilemmas. Their professional demeanor, combined with their cutting-edge techniques, provides a safety net for cryptocurrency enthusiasts who find themselves in precarious situations. Their help was a turning point in my trading career, reinforcing the need for vigilance in the increasingly digital world we navigate.

    EMAIL: hackbusterrecovery(@)webname. com

    WHATSAPP: +1 (330) 934-2057

    WEBSITE: hackbursterrecovery.pro/index. html

  25. August 6, 2024

    I also lost about $75,000 to an IQ option broker and 2 fake binary options websites as well but I am sharing my experience here to enlighten and educate everyone that is losing money or has lost money to a scam including binary options, dating scams, Recover all your lost money to Bitcoin and other Cryptocurrency, mortgage/real estate scams and fake ICOs. However, I have been able to recover all the money I lost to the scammers with the help of a recovery professional and I am pleased to inform you that there is hope for everyone that has lost money to scam. you can reach out to them: hackerrone90 @ Gmail com

  26. August 10, 2024

    Have you lost hope of ever recovering your money from scam brokers? I have good news for you and yes it is 97% possible for you to recover your money through binary cash refund (BCRF)but to do this you need an expert, I lost over 76,000$ to a fake broker and I lost any hope of ever making profit through binary trading until I met an awesome recovery Hacker known as INFINITE DIGITAL RECOVERY who introduced me to (BCRF)..and to recover any lost money to any Cryptocurrency I was able to recover my money and with an amazing recovery Hacker guidance, I have been able to make profits after recovering my lost funds. l recommend INFINITE DIGITAL RECOVERY to anyone who has ever fallen victim to a cryptocurrency scam. You can reach out to them via 

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  27. August 12, 2024

    I contacted H A C K M A V E N S C R E D I T S P E C I A L I S T a few days ago through text and surprisingly they are carrying out an actual credit fix, my score was raised from 514 to 765 excellent score within 5days and all repossession, derogatory, and inquiries were deleted from my report! I took advantage of this and you too can by reaching out to them via EMAIL: H A C K M A V E N S 5 @ G M A I L (DOT) C O M or Call/Text/Whats-App: [+ 1 (2 0 9) 4 1 7 – 1 9 5 7] and I’m sure you will be happy you did.

    Edit

  28. August 23, 2024

    Visual Hacker that always gives a perfect job. I needed a Hacker who can help me recover my investment plans, When they denied me the withdrawal of my investment, I saw a testimony about a Great Visual Hacker by name Jamesmckaywizard i didn’t waste time so I contacted him on jamesmckaywizard at gmail dot com or WhatsApp +31622647750. He asks for the necessary information and proof that i was scammed, I sent it to him within a maximum of 48hours he was able to give me all the breakdown of my funds and he recovered my funds successfully. I was finally able to purchase my dream house and I would want anyone in need of a competent hacker to reach out to them for various type of Hacking. Mobile spy, Phone Hacking, Bitcoin Hacking/Recovery, Account Hacking, Snapchat Hacking, Instagram Hacking. He is the perfect HACKER

  29. August 23, 2024

    Visual Hacker that always gives a perfect job. I needed a Hacker who can help me recover my investment plans, When they denied me the withdrawal of my investment, I saw a testimony about a Great Visual Hacker by name Jamesmckaywizard i didn’t waste time so I contacted him on jamesmckaywizard at gmail dot com or WhatsApp +31622647750. He asks for the necessary information and proof that i was scammed, I sent it to him within a maximum of 48hours he was able to give me all the breakdown of my funds and he recovered my funds successfully. I was finally able to purchase my dream house and I would want anyone in need of a competent hacker to reach out to them for various type of Hacking. Mobile spy, Phone Hacking, Bitcoin Hacking/Recovery, Account Hacking, Snapchat Hacking, Instagram Hacking. He is the perfect HACKER