Apple has launched the iPhone X, its most futuristic smartphone ever. The highly anticipated iPhone X comes with an OLED display and facial recognition technology. Apple’s iPhone X release date in India is November 3, with pre-orders set to begin on October 27.
The iPhone X won’t come cheap, though. The device will cost Rs 89,000 in India, making it the most expensive iPhone yet. That’s for the base unit with 64GB storage, while the 256GB version will cost Rs 102,000. Clearly, India is one of the most expensive places to buy the iPhone X, with people paying more for the tenth anniversary edition phone than those living in the US or Hong Kong for the base unit.
However, the picture gets clear when you include local sales tax to calculate the final price of the iPhone. The iPhone prices in India and Hong Kong include sales tax, but prices in US and Canada don’t include taxes. For instance, in the US, the price of the iPhone may vary from state-to-state. In California, the statewide tax is higher compared to Texas. In Delaware state, for instance, sales tax rate is currently zero per cent. The prices advertised on online stores and billboards exclude tax in the US. So yes, it isn’t always cheaper to buy electronics from the US. In the UK, if Apple is advertising the iPhone X for £ 999 (or approx Rs 84,743), it means the retail price includes VAT and other local taxes.
If one converts directly from $999 to Rupees, the price is then Rs 63,000 plus, which nearly Rs 20,000 less than the price of the iPhone X in India. Even with taxes, you are likely to save some money on the iPhone in the US, but again as we’ve noted this will depend on the state from where you purchase. Also remember that warranty for the same iPhone won’t be covered in India.
Similarly if you convert the iPhone 8 starting price in Hong Kong, then you can get the 64GB version for as low as Rs 50,000. This is nearly Rs 14,000 less than the starting price in India. The 256GB version is available at Rs 60,000. For those wanting to get the iPhone X, the Hong Kong market price means you can get this at Rs 70,000. Once again this is a significant difference compared to India pricing. However, the warranty issue remains with all iPhones purchased from outside India.
Apple iPhone X marks the tenth-anniversary of the iconic iPhone, which was first announced in 2007. Tim Cook also announced the iPhone 8 and iPhone 8 Plus, the two new phones with 4.7-inch and 5.5-inch displays. For Apple fans who have been waiting to upgrade, the decision really will be: should you upgrade now or wait for a drop in price in India? This is something we’ve seen take place in a few months after the iPhones are launched.