Apple's iPhone: World's most expensive handset can't beat inflation

The price of the iPhone base model rose 25% between 2017 and 2022, while inflation rose 29.7% between September 2017 and September 2022

In the past two and half decades Apple’s journey in India has been slow but steady
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Business Standard analysis found that Apple iPhones have not even beaten inflation over the past six years

Ishaan Gera New Delhi
At Rs 79,900 for the base model (iPhone 14), Apple’s iPhone is more expensive than most other smartphones. Still, a Business Standard analysis found that Apple iPhones have not even beaten inflation over the past six years. The price of the base model of the iPhone increased 25 per cent between 2017 and 2022, whereas inflation rose 29.7 per cent between September 2017 and September 2022.
 
The Pro model, however, has been way higher than consumer inflation. Between 2017 to 2022, the prices of the iPhone Pro model went up 46 per cent.
 
The Cupertino giant’s base model

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First Published: Oct 28 2022 | 4:56 PM IST

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