The Indian government last week increased the import duty on mobile phones and other appliances by 5% and more. In what can be called as the ripple effect, Apple too has hiked the prices of all its iPhone models available in the market by an average of 3.5%. While the lowest percentage change is by 3.1% (for the iPhone 8 – 256GB), the highest percentage change is for the iPhone 6 – 32GB (4.3%).
The announcement of hiking the import tax by 15%, which was previously limited to 10% only, is in order to boost the domestic industry and make supplies for overseas difficult.
With effect from today, the iPhone X 256 GB has been increased by Rs 3,430, making it cost Rs 1,05,720.
Similarly, the starting prices of iPhone 6 and 6s are now higher by Rs 1,280 and Rs 1,550 respectively, increasing the price to Rs 30,780 and Rs 41,550, respectively.
The iPhone 7 and iPhone 7 Plus will now start at Rs. 50,810 and Rs. 61,060 respectively. They were previously priced at Rs 49,000 and Rs 59,000.
Apple affirmed the change in pricing by making the changes on its website as well.
The increase is effective on all brands that import their phones, however, a report from Counterpoint confirms that Apple imports nearly 88% of the phones it sells in India.
Thus the move is doubtful to have a considerable effect on the company’s sales figures. And looking at the niche crowd, a mere 3.5% hike should not dissuade them.
The only available iPhone model to be untouched by the price hike is the iPhone SE. This is because the smartphone is assembled in India by Wistron, Bangalore, falling out of the price hike category.
Nonetheless, almost all aforementioned iPhone models can be purchased at lower prices because of various offline and online offers.
Apple is the first company that has officially declared an increase in the prices of its phones. It is quite possible that more companies will follow soon.
Here is the entire table:
|Apple iPhone models||New MRP||Old MRP|
|iPhone X 64GB||Rs 92,430||Rs 89,000|
|iPhone X 256GB||Rs 1,05,720||Rs 1,02,000|
|iPhone 8 64GB||Rs 66,120||Rs 64,000|
|iPhone 8 256GB||Rs 79,420||Rs 77,000|
|iPhone 8 Plus 64GB||Rs 75,450||Rs 73,000|
|iPhone 8 Plus 256GB||Rs 88,750||Rs 86,000|
|iPhone 7 32GB||Rs 50,810||Rs 49,000|
|iPhone 7 128GB||Rs 59,910||Rs 58,000|
|iPhone 7 Plus 32GB||Rs 61,060||Rs 59,000|
|iPhone 7 Plus 128GB||Rs 70,180||Rs 68,000|
|iPhone 6s 32GB||Rs 41,550||Rs 40,000|
|iPhone 6s 128GB||Rs 50,660||Rs 49,000|
|iPhone 6s Plus 32GB||Rs 50,740||Rs 49,000|
|iPhone 6s Plus 128GB||Rs 59,860||Rs 58,000|
|iPhone 6 32GB||Rs 30,780||Rs 29,500|
|iPhone SE 32GB||Rs 26,000||Rs 26,000|
|iPhone SE 128GB||Rs 35,000||Rs 35,000|