Apple dropped iPhone prices in India for the first time hoping to boost sales in the Asian country.
For the first time, Apple has been able to cut the prices of current iPhone models in India, the world’s second-largest smartphone market behind China and ahead of the U.S. But it did take a drop in Indian import duties on smartphones shipped into the country from 20% to 15% to bring on the price cuts ranging from from 3% to 4%.
The change in India’s budget was put into place on July 23rd and led Apple to cut iPhone prices starting with a 300 rupees ($3.60) drop on models like the made-in-India iPhone 13, iPhone 14, and iPhone 15. As those units were built in India, they were not affected by the cut in import duties. The price of the iPhone SE 3 was sliced by 2,300 rupees ($27.50).
Current premium iPhone 15 models such as the iPhone 15 Pro and iPhone 15 Pro Max received a more generous price cut of as much as 6,000 rupees ($71.
