After the Goods and Services Tax (GST) came into practice, Apple has reduced the price for its Products in India. The products include iPhone, iPad, Mac and Apple watches with a price cut up to 7%.
Starting with the iPhone series:
- The Apple iPhone 6s (32GB) is now available at Rs 46,900, as it is previously sold at Rs 50,000.
- The Apple iPhone 7 (32GB variant) is now available at Rs 56,200, which was Rs60,000.
- The iPhone 7 (128GB) is now available for Rs 65,200 instead of Rs 70,000.
- The iphone 7 (256GB) variant at Rs 74,400 instead of RS 80,000.
- The Apple iPhone 7 Plus(32GB) is now available at Rs 67,300, previously at Rs 72,000
- The iPhone 7 Plus (256GB) will be available at Rs. 85,400.
- The Apple iPhone SE (32GB) is now available at Rs 26,000 instead of being sold at Rs 27,200.
- The Apple iPhone SE(128GB) is priced at Rs 35,000.The iPhone SE model is produced in Bengaluru started in may with App Accelerator to provide support for developers.
- The Apple iPad Pro 12.9 inch (512GB) will be available at Rs 97,000.
The government has introduced a 10 per cent basic Customs duty on mobile phones and certain parts, to promote domestic manufacturing.Apple has 3 % market share by volume and 11% market share by value in the country. According to premium market segment, Apple has a 44 % share, Samsung had 41 per cent share in the January-March 2017 quarter.Apple’s revenue increased more than 20 % in India in the March 2017. India is an important market for Apple, it has been trying hard to settle in the market along with customers satisfaction.
Stay updated with latest happenings of tech world on the go with Technobugg App, on Android and Windows.
Source: The Economic Times
