Apple iPhone 16 Series Prices Leaked: Could you get one below Rs 70,000? Check all the details

economictimes.indiatimes.com:

iPhone 16 series launch just around the corner, the excitement is building, and Apple is certainly capitalising on the buzz surrounding its upcoming models. The iPhone 16 lineup is also expected to be the company's first venture into integrating AI (Apple Intelligence) features, which will come with the iOS 18 update later this year. However, with these anticipated upgrades, many are bracing for a price increase, which has become the norm with each new iPhone release.

Recent leaks from Apple Hub suggest that the pricing for the iPhone 16 series will reflect Apple's confidence in strong demand for the new models. Here’s a breakdown of the leaked prices:

• iPhone 16: $799 (approximately Rs 66,300)
• iPhone 16 Plus: $899 (approximately Rs 74,600)
• iPhone 16 Pro: $1,099 (approximately Rs 91,200)
• iPhone 16 Pro Max: $1,199 (approximately Rs 99,500)

While these prices seem similar to those of the iPhone 15 series from last year, buyers in markets like India may see starting prices closer to Rs 80,000 due to Apple's different price conversion methods, which factor in taxes and duties.

That said, reports indicate that this year, the iPhone 16 Pro models will be assembled in India, potentially allowing Apple to better manage import duties. This could result in a slight reduction in prices, similar to the recent Rs 6,000 price cut on iPhone 15 models, following duty changes in India.