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India gets one of world's steepest iPhone price hikes

Source: reuters.com

Consumer Demand & RetailTechnology & InnovationCompany Fundamentals
India gets one of world's steepest iPhone price hikes

Apple increased prices for existing iPhone models in India by as much as 41% shortly after unveiling new devices, rather than applying its customary discounts to older variants. The move is among Apple's steepest repricings in any market this year and could affect iPhone demand, product mix, and premium positioning in India.

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