Apple’s latest launch, the iPhone 16, marks a significant milestone as it is manufactured in India for the first time. This production shift has led to a notable price adjustment for the new models. The entry-level iPhone 16 will be available for ₹80,000, while the ‘Plus’ version will retail at ₹90,000.
Price Reduction for Pro Models
One of the most anticipated changes is the price drop for the Pro versions of the iPhone 16. The base model of the iPhone 16 Pro is now priced at ₹1.2 lakh, and the flagship Pro Max is set at ₹1.45 lakh. This reduction of ₹15,000 compared to previous models is attributed to several factors, including the local manufacturing and a recent 5% reduction in customs duties on smartphones as outlined in the Union Budget.
Comparison with U.S. Prices
In comparison, the U.S. prices for the iPhone 16 Pro start at ₹84,000, with the Pro Max available for ₹1 lakh. It’s important to note that these U.S. prices include lower taxes and often come with bundled mobile operator connections, which can influence the overall cost.
Price Adjustments for Other Models
Additionally, Apple has adjusted the prices for non-Pro iPhone 15 models, bringing them in line with the iPhone 16. The iPhone 15 now has a price reduction of ₹10,000, although it lacks some of the advanced features found in the iPhone 16, such as the latest AI technology.
Booking and Availability
Pre-orders for the iPhone 16 will commence on September 13, with the official release scheduled for September 20. This timeline gives potential buyers a window to secure their new devices and take advantage of the reduced prices.
In Summary
Apple’s strategic move to manufacture the iPhone 16 in India not only reflects a significant shift in production but also brings considerable savings to consumers. The ₹15,000 price reduction for the Pro models and the general decrease in prices across the range highlight Apple’s commitment to making its latest technology more accessible.
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