iPhone 15 Series Price in India Slashed Along with Older Models, Following the Union Budget 2024

Apple has reduced the prices of the iPhone 15, iPhone 14, and other models in India following a reduction in import duties. As a result, some of Apple's most popular models have seen a price drop ranging from Rs. 300 to Rs. 6,000.

This development follows the Indian government's recent announcement of a decrease in the basic customs duty on smartphones from 20 percent to 15 percent in the Budget 2024.

Apple Slashes Prices of Select iPhones in India

• The iPhone 15 Pro Max with a starting price of Rs 1,59,900 is available at a deal price of Rs 1,54,000.
• The iPhone 15 Pro with a starting price of Rs 1,34,900 is available at a deal price of Rs 1,29,800.
• The iPhone 15 Plus with a starting price of Rs 89,900 is available at a deal price is Rs 89,600.
• The iPhone 15 with a starting price of Rs 79,900 is available at a deal price of Rs 79,600.
• The iPhone 14 Plus with a starting price of Rs 79,900 is available at a deal price of Rs 79,600.
• The iPhone 14 with a starting price of Rs 69,900 is available at a deal price of Rs 79,600.
• The iPhone 13 with a starting price of Rs 59,900 is available at a deal price of Rs 59,600.
• The iPhone SE (2022) with a starting price of Rs 49,900 is available at a deal price of Rs 47,600.

Despite the price reduction, iPhones remain more expensive in India compared to countries like the United States. For example, the iPhone 15 Pro Max costs just over Rs. 1,00,000 in the US, making it Rs. 54,000 cheaper than in India.

This move comes amidst reports that global smartphone shipments increased by 6.5 percent in the second quarter of 2024, according to market intelligence firm IDC (International Data Corporation).

Although Apple dethroned Samsung as the best-selling smartphone company in 2023, the South Korean technology conglomerate emerged as the brand with the highest number of devices shipped in Q2 2024, capturing a market share of 18.9 percent. In the second quarter, Apple and Xiaomi secured the second and third positions, with 15.8 percent and 14.8 percent of the total shipments, respectively.