Duty cut: Prices of imported iPhones unlikely to come down drastically

The 5% duty cut on imported mobile phones announced in the Budget may not make higher-end products such as the iPhone Pro models cheaper in India than in countries such as Singapore, Japan and Dubai, but the price gap will surely come down, analysts said. The same applies broadly to Samsung’s flip or foldable phones and Google’s Pixel phones.

This, said analysts, is because of a weaker rupee versus the US dollar, higher taxes despite the duty reduction, and the companies concerned preferring to increase channel commissions rather than going for price reduction on a large scale.