Apple has raised the price of many iPhone handsets in India, following last week’s increase in import duties on the new handset.
In new rules announced last week, the cost of importing smartphones to India was raised from 10 to 15 percent. As we noted at the time, Apple’s choices were to either raise the price of iPhones in India, or to eat some of the cost itself in order to keep pricing competitive. It seems that Apple did some combination of the two — since prices have been increased an average of 3.5 percent.
