Pricing for the iPhone, iPad cut by Apple in India following tax reform

Pricing for the iPhone, iPad cut by Apple in India following tax reform
Apple, which has been looking to replace slumping iPhone and iPad sales in China by picking up the pace in India, has cut the prices of its devices in the latter country. The price adjustments coincide with sales-related tax reform for Indians. Prices of iPhone models are now 4% to 7.5% lower following the implementation on July 1st of the Goods and Services Tax (GST). This single tax replaces different taxes imposed by both central and state governments.

With the new pricing, the Apple iPhone SE, which is manufactured locally in the country, has been cut from Rs 27,200 to Rs 26,000. Converting the Rupees to U.S. Dollars based on current exchange rates shows that the price of the 4-incher has been cut from $420 to $402. That is a 4.3% price cut.

The 256GB iPhone 7 Plus is 6.6% cheaper in India following Apple's price cut

The 256GB iPhone 7 Plus is 6.6% cheaper in India following Apple's price cut

The lowest priced Apple iPhone 7 model received a 6.4% haircut from Rs 60,000 to Rs 56,200. That is the equivalent of cutting the price from $926 USD to $867 USD. The top-of-the-line 256GB iPhone 7 Plus is now Rs 85,400 ($1,319 USD), a Rs 6,000 cut from Rs 91,400 $1,411 USD). That works out to a 6.6% price break.

Prices have also been dropped for the Apple iPad. The 32GB 9.7-inch model is now Rs 28,000 ($432 USD), a 3.1% decline. The new 64GB 10.5-inch iPad Pro will set you back Rs 50,800 ($784 USD) while the version carrying 512GB will cost you Rs 73,900 ($1,140 USD).  Even the second series Apple Watch has seen surgery applied to its price tag. The cost of the timepiece has been sliced by 3.7% from Rs 32,900 ($507 USD) to Rs 31,600 ($488 USD). The first series Apple Watch is now Rs 22,900, a 4.2% cut from Rs 23,900. In U.S. Dollars, that is the equivalent of a current price of $354, down from $369.

Even though the new tax rate on the iPhone is 12%, down from 13.5%, Apple says its price cuts were made independently in order to boost Apple's share of the Indian market. The big problem for Apple is that India's per capita annual income remains low, in the $1,400 USD area.

source: ChandigarhMetro via AppleInsider

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15 Comments

1. Sidewinder

Posts: 515; Member since: Jan 15, 2015

Now the rest of the world knows how much we Indians are over paying for apple's gadgets.

3. trojan_horse

Posts: 5868; Member since: May 06, 2016

Really? But I'm not sure if the rest of the world cares in the slightest of how much people from a certain country are paying for Apple's gadgets. :)

4. adi90

Posts: 554; Member since: Dec 21, 2015

Then why did you read the article and even wasted your precious time posting comment on it. lol. Height of trolling.

5. trojan_horse

Posts: 5868; Member since: May 06, 2016

I do care for what consumers in India and other countries do pay for gadgets and tech in general, as I am a tech nerd, and I like doing price comparisons just for the fun of it. But post #1 said "the world", and I am definitely not the rest of world all by myself! The difference is clear as day.

6. AmashAziz

Posts: 2869; Member since: Jun 30, 2014

He said, the rest of the world 'knows', not cares...................

8. darkkjedii

Posts: 30672; Member since: Feb 05, 2011

Exactly...that was an odd response to post 1.

2. nebula

Posts: 1009; Member since: Feb 20, 2015

Off topic : You are pissing me off PA with your intruding ads that you throw at me on my every click. Adblocker is back on ALWAYS!

7. AmashAziz

Posts: 2869; Member since: Jun 30, 2014

True that. I also disabled adblocker for sometime on this site, but had to re-enable it due to the frustatingly intrusive ads and popups that constantly blocked my views. Looks like PhoneArena just cares about the money form ads, not that how annoying they are in their current form.

9. LetsBeHonest

Posts: 1548; Member since: Jun 04, 2013

I use the mobile version of this site. There is not much ads popping up even with ad blocker turned off. ohh btw i use UC browser.

10. iushnt

Posts: 3035; Member since: Feb 06, 2013

UC browser is the best to browse PA.

12. nebula

Posts: 1009; Member since: Feb 20, 2015

Is it better than Opera browser which still allows some ads but hardly any intrusive junk.

11. alexiboat

Posts: 14; Member since: Nov 13, 2016

My country's currency is too low which makes getting I phones very difficult here hahaha

13. iwwmanjot

Posts: 2; Member since: Nov 28, 2018

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15. ReadyEdge unregistered

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