Why are iPhones getting more expensive?
iPhone prices in India have risen since the launch of the iPhone 18 Pro series. The increase applies to both new and older models, with no price reductions announced. The base iPhone 17, originally Rs 82,900 for 256GB, is now Rs 99,900, while the 512GB variant jumps to Rs 1,24,900. Prices have also increased for the iPhone 16, iPhone 17e, and Air models.
The iPhone 17e saw a Rs 15,000 hike, from Rs 64,900 to Rs 79,900, and the iPhone Air experienced the largest jump, rising from Rs 1,19,900 to Rs 1,49,900. The price hike extends to the new iPhone 18 Pro and Pro Max, which are about $100 more expensive. This comes as Apple and other tech companies face higher costs for memory and silicon components due to global shortages.
Apple CEO Tim Cook revealed the company plans to raise prices to offset these costs. The AI-driven demand for data centers has created fierce competition for limited memory supplies, driving prices up.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
