IPhone 16
The prices of iPhone can touch the sky. The company is considering a large price hike in its iPhone models. According to the report, Apple’s next line-up i.e. the iPhone 17 series may be priced higher than the iPhone 16 series last year. Apple can take this decision due to China and America’s tariff war. Most of Apple’s iPhones are assembled in China, due to which this increase in the price of the phone can be seen.
30 percent will be expensive
However, India has now become a major market market for Apple. According to the Wall Street General’s report, 30 percent recipes may be imposed after the trade deal in China and the US, which will make Apple’s iPhones expensive. However, there is no official comment from Apple at the moment. According to the report, the company is preparing to increase the price of the new series.
Apple will cost an additional burden of $ 900 million i.e. Rs 7,638 crore due to the tariff. To compensate for this, the company can increase the price of its iPhone. The iPhone 16 was launched in the US market at an initial price of $ 799 last year. Due to the tariff, its price can be $ 1,142, which is up to 30 percent more than the current pricing.
However, the production of iPhone can benefit the company due to shifts to India. There is less tariff in India than China. At the same time, the company is also getting a tough challenge from Samsung. The South Korean company is offering AI features with its phone, which Apple has now started giving. These features of Apple are based on Chatgpt. In such a situation, due to price hike, Apple may also face competition in the market.
Also read –