Moneycontrol News | April 4, 2025
Moneycontrol News | Feb 05, 2025
iPhones in India may soon get pricier—not just due to Apple’s usual pricing strategy, but because of newly announced U.S. tariffs on imports from countries like China,
Image Credit: Canva
Moneycontrol News | Feb 05, 2025
If Apple chooses to transfer the burden of these tariffs to customers, Indian buyers could face a massive 30% to 40% increase in iPhone prices
Image Credit: Canva
Moneycontrol News | Feb 05, 2025
The base iPhone 16, priced at $799 in the U.S., could rise to around $1,142 post-tariffs. Adding Indian import duties and GST, the final cost for higher-end models could exceed Rs 2 lakh easily.
Image Credit: Canva
Moneycontrol News | Feb 05, 2025
Apple’s premium iPhone 16 Pro Max, which features a 6.9-inch display and 1TB storage, is currently priced at $1,599 in the U.S. With tariffs, that could go up to an eye-watering $2,300 globally.
Image Credit: Canva
Moneycontrol News | Feb 05, 2025
In India, this would mean an unprecedented spike in prices—making the most premium iPhones costlier than ever before, es
Image Credit: Canva
Moneycontrol News | Feb 05, 2025
Trump’s new tariffs aim to reduce American reliance on Chinese manufacturing by pushing companies like Apple to relocate production to nations like Mexico.
Image Credit: Canva
Moneycontrol News | Feb 05, 2025
Other manufacturing countries like Vietnam and India aren’t spared either—Vietnam faces a steep 46% tariff, while India gets a 26% hit.
Image Credit: Canva
Moneycontrol News | Feb 05, 2025
According to Reuters, Apple might need to raise global iPhone prices by at least 30% to absorb the cost. But this is risky, especially as iPhone sales are already slowing in several major global markets.
Image Credit: Canva
Moneycontrol News | Feb 05, 2025
Some industry experts speculate that Apple might delay major price hikes until the launch of the iPhone 17. The company could be trying to buy time.
Image Credit: Canva