Source: aajtak
This September, Apple introduced the iPhone 17, boasting significant upgrades over its predecessor, the iPhone 16. While the iPhone 16 base variant came with 128GB storage, the iPhone 17's base model jumps to 256GB storage at a launch price lower than the iPhone 16.
(Photo: Apple)
Source: aajtak
This means the 256GB version of the iPhone 17 is priced even lower than the equivalent version of the iPhone 16. Reports suggest that prices in India might surge due to high demand and low stock availability.
(Photo: Apple)
Source: aajtak
At launch, the iPhone 17 was priced at INR 82,900 for the 256GB storage variant. Meanwhile, the 512GB version was introduced at INR 1,02,900. There is a possibility that Apple may increase these prices by up to INR 7,000.
(Photo: Apple)
Source: aajtak
This implies that the price for the 256GB variant would rise to INR 89,900, while consumers might pay INR 1,09,900 for the 512GB version, aligning closely with iPhone 16's pricing.
(Photo: Apple)
Source: aajtak
However, Apple has not officially commented on a price increase. It is possible the company may offer bank discounts to offset the hike, with increased prices potentially driven by demand surpassing available stock.
(Photo: Apple)
Source: aajtak
Other players in the market are also raising smartphone prices, not due to demand but because memory prices are climbing. Recent flagship phone launches highlight increasing price trends.
(Photo: Apple)
Source: aajtak
The OnePlus 15 debuted at INR 72,999, while its OnePlus 13 counterpart was priced at INR 69,999. Similarly, the iQOO 15 launched in India at INR 72,999, matching its predecessor's launch figure.