With Apple iPhone Duo, iPhone prices in India cross Rs 4 lakh
Apple has launched the iPhone Duo, its first foldable smartphone, with prices in India reaching up to Rs 4.49 lakh. The price hike is attributed to rising costs of memory chips driven by global demand for AI data centers.
Why it matters
The record-breaking pricing reflects broader industry trends where hardware costs are being inflated by the massive capital expenditure required for AI infrastructure.
Apple has officially unveiled the iPhone Duo, its first-ever folding smartphone, and essentially rewriting pricing benchmarks for mobile phones in India. With a starting price of Rs 2,99,900 for the baseline 256GB model, the top-end variant reaches a price of Rs 4,49,900, establishing the iPhone Duo as the first iPhone in history to breach the Rs 4 lakh threshold in the Indian market. Apple isn't alone in hiking prices either — in fact, it's arguably the last major company to do so.
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