Kumari Palany & Co

iPhone prices hiked after Union Budget

Posted on: 05/Feb/2018 12:24:11 PM
After the increase of import duty on mobile phones from 15 per cent to 20 per cent during the Union Budget for 2018-2019, all Apple products prices including Apple iPhone X, iPhone 8, iPhone 8 Plus, iPhone 7, iPhone 7 Plus, iPhone 6s, iPhone 6s Plus, iPhone and Apple Watch are going to be escalated. Since all the Apple products are manufactured outside India (excluding iPhone SE), the customs duty in December had already hiked from 10 to 15 per cent which led to a price increase in iPhones. And, now that per cent rose from 15 to 20 due to the new Budget 2018.

The revised prices range from Rs. 31900 for an iPhone 6 32 GB to Rs. 1,08,930 for an iPhone X 256 GB. Apple iPhone 8/8 Plus, which was launched in September, last year at Rs 66,120 and Rs 75,450 for 64GB variant are now been hiked up to Rs 67,940 and Rs 77,560 respectively. The 256GB variants of 8/8 Plus will now cost Rs 81,500 and Rs 91,110, which were priced at Rs 79,420 and Rs 88,750 during the launch.

As iPhone SE is being manufactured in India, the price remains same for all its variants. The 32GB variant starts at Rs 26,000 and 128GB version remains at Rs 35,000. However, the e-commerce sites offer huge discounts on this iPhone, which leads to a starting price of Rs 20,499.