Apple Sets Lower iPhone 16 Pro Prices in India
Apple has announced a strategic reduction in the prices of its newly launched iPhone 16 Pro lineup in India. This move marks a significant shift in the company's pricing strategy for the Indian market and reflects broader trends in the global tech industry. With this adjustment, the iPhone 16 Pro now starts at 119,900 rupees ($1,428), while the iPhone 16 Pro Max is priced at 144,900 rupees ($1,725). This represents a substantial decrease of approximately 15,000 rupees ($178) compared to their predecessors' launch prices. Market Dynamics and Pricing Strategy Apple's decision to lower prices for the iPhone 16 Pro models in India comes amidst a changing economic landscape and evolving market conditions. Historically, Apple has positioned its products as premium offerings, often commanding higher prices in emerging markets. However, recent developments have prompted a reevaluation of this approach. Impact of Reduced Import Duties One of the primary factors contributing to the pric…
