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Thursday, March 28, 2024

iPhone Prices Increased Up to 3.6% in India Following the Union Budget 2018

Apple has decided to increase iPhone prices in India following the latest edition of Union Budget in which the central government has decided to change import duties from 15% to 20%.

Apple has decided to increase the iPhone prices in India following the latest edition of Union Budget. The Modi government’s decision of increasing import duty from 15% to 20% on smartphones is expected to affect the smartphone industry in India widely. And it looks like the changes have started taking place from the leading global smartphone manufacturer itself.

The prices of iPhone have now increased by almost 3%. The prices of iPhone X, 8, 8 Plus, 7, 7 Plus, 6s, 6s Plus will go up following this decision. The new prices will be applicable starting from today. Apple has already informed all of their retailers about the updated pricing. Moreover, they have also updated their website listing following the change in pricing.

New iPhone Prices After Union Budget 2018:

Apple iPhone X:

Apple’s latest flagship device becomes more costly in India with this change. The base model of 64 GB now costs ₹95,390 up from ₹92,430. The device was priced at ₹89,000 when it started selling initially. The 256GB version of the iPhone X which was earlier priced at ₹1,05,720 will now be available for ₹1,08,930.

Apple iPhone 8 and 8 Plus:

The iPhone 8’s prices are also up now. The 64GB one costs ₹67,940 now which earlier was priced at ₹66,120. Similarly, the 256 GB version is now available for ₹81,500 up from ₹79,420.

The iPhone 8 Plus 64GB now costs ₹77,560. Earlier the price was ₹75,450. The 256GB variant will cost ₹91,110 up from ₹88,750.

iPhone 7 and 7 Plus:

The iPhone 7 now starts at ₹52,370 whereas the original price was ₹50,810. It is worth noting that the base version of iPhone 7 and 7 Plus are of 32GB storage. The 128GB variant will be now priced at  ₹61,560 compared to the earlier price of ₹59,910.

The iPhone 7 Plus 32GB will be now priced at ₹62,840 whereas the 128GB will cost ₹72,060.

iPhone 6s and 6s Plus:

The iPhone 6S will now start at ₹42,900 ]for the 32GB variant, whereas the 128GB version will cost ₹52,100. Apple iPhone 6S Plus, on the other hand, will start at ₹52,240 for the 32GB version.

It is worth noting that the change in pricing is the second time in the past two months. Last time Apple increased the prices in December 2017 as the government increased import duty from 10% to 15%. However, it is worth mentioning that the price of iPhone SE hasn’t changed. This is because Apple produces the iPhone SE within India.

You may also like to see Year in Review: Top 10 Technologies That Emerged in 2017

Do you think the frequent increase of import duty will be good for the smartphone industry? Share your thoughts on Union Budget 2018 in the comments!

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