iPhone Costs More in China and India, but It's Most Affordable in the UK

Thu, Sep 14, 2023 8:25 AM on Latest, Economy, National,

Apple has implemented price increases for its latest iPhone 15 in several Asian countries.

The prices of Apple products have seen upward adjustments in Asian nations such as India, China, and Japan. However, in the United States, Apple has maintained the prices of all its products.

China, a significant market for Apple, accounts for 20 percent of the company's total sales. According to Apple, the price of the iPhone 15 will be $41 higher in China compared to the U.S. pricing.

In India, the iPhone 15 will be priced at $1,627, which is $60 more than the U.S. pricing. Apple is currently focusing more on the Indian market among Asian countries.

For UK customers, the new iPhone model will be available at a cost of just $1,059.

Apple attributes the higher prices in India and China to the unstable exchange rates between these countries' currencies and the U.S. dollar.