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Why iPhones are so costly in India as compared to other countries? Know answer

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The iPhone SE 2022, which was unveiled at Apple’s March 8 ‘Peek Performance’ event, has displaced its 2020 predecessor as iPhone’s most “affordable iPhone”, one with 5G support. The iPhone SE 2022 (or SE 3), which will be available for purchase from tomorrow, starts at Rs 43,900 in India.

The US price of the device is around Rs32,000, more than Rs 10,000 cheaper than in India. Experts suggest that the higher price in India is a combination of high import duty, 18% percent GST, other fees, and Apple’s own profit margin, cheekily referred to as “Apple Tax”.

For iPhones that are not manufactured domestically, the price gap between India and other countries is pretty high. For instance, till 2020, Indians were paying Rs 69,900 for the starting variant of the iPhone 12 mini, compared to Americans, who bought the same device for Rs 51,287 ($699) —  a gap of Rs 18,620 (37 percent). The price gap, however, reduced when the production of the iPhone 12 series started in Chennai.

Even today, Indians pay almost 40 percent extra for several Apple products that are not manufactured in the country. Further, the Apple products that are manufactured (or assembled) in India — like iPhone 11 and iPhone 12 at Chennai’s Foxconn plant, and iPhone SE and iPhone 7 at Bengaluru’s Wistron facility — also attract high taxes due to imported components. The PCBA (printed circuit board assembly) used in iPhones attracts an import duty of 20 percent. Similarly, iPhone chargers also cone with an import duty of 20 percent. Besides import duty, a goods and services tax (GST) of 18 percent — standard for all smartphones — is also levied on Apple products in India.

Additionally, Apple is still dependent on third-party retail networks to sell its smartphones and other products in India. These vendors, distributors, transport agents and other middlemen take a hefty cut, shooting up the price for end consumers.

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Apple is giving a huge discount on its gadgets: Details inside

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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