Apple launched the iPhone 16 series last Monday in Cupertino, California. The new series will see several upgrades over the previous models. Including Apple Intelligence, Action Buttons…
Apple launched the iPhone 16 series last Monday in Cupertino, California. The new series will see several upgrades over the previous models. Among which Apple intelligence, action button and camera control button are notable. Also, some changes have been made in the camera features of the series phones. However, Apple has not increased the price of iPhone 16. Rather, if you think deeper, you will see that the price of the new iPhone model has decreased compared to the last four years. Let's find out why we make such a claim.
In fact, the price of the 128GB base variant of the iPhone 16 in India currently starts at Rs 79,900. Whereas in 2020, Apple launched the iPhone 12 in India at the same price, though its base variant had only 64GB of storage at that time.
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Everything becomes expensive with time. So the price of everything is always going up. Be it vegetables or electronics, its current price will naturally increase in the next three years but will never come down. Similarly, various smartphone manufacturing companies in India have been increasing the prices of their devices little by little every year. But Apple is the only company offering cheaper iPhones in 2024 than in 2020.
If you notice, you will see that India has had 6 percent inflation in the last 4 years. And if the same condition is applied to the iPhone, which was earlier priced at Rs 79,900, the current price should be Rs 1,05,000 if inflation is followed. However, this did not happen in the case of Apple.
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Although why the company is not increasing the price is really unknown to us. But Apple always tries to keep one price. Even the base model of the new iPhone series worldwide is still priced at $799. Even so, the company earns quite well every year. So maybe the company can also absorb the inflationary pressure year after year.