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News In Brief Business and Economy

IPhone 16 Series Pre-Order Date and Potential Cost Savings Revealed

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IPhone 16 Series Pre-Order Date and Potential Cost Savings Revealed
09 Sep 2024
6 min read

News Synopsis

Apple has confirmed that its major annual event, anticipated to be its largest of the year, will occur on September 9. During this event, Apple is expected to unveil the highly anticipated iPhone 16 series, alongside new models of the Apple Watch, AirPods, and possibly additional products. This event is highly awaited by tech enthusiasts and consumers eager to see the latest innovations from Apple.

Pre-Order and Sale Dates

Historically, Apple follows a consistent pattern for new device launches. New products typically become available for pre-order the Friday following their announcement, with sales commencing the following Friday. Although the iPhone 16 series announcement might deviate from this pattern, it is likely that pre-orders will start on September 13, with the official sale beginning on September 20. Bloomberg’s Apple tracker, Mark Gurman, has also hinted at a new Apple retail store opening in Southern California on September 16, further suggesting that September 20 could be a plausible launch date for the iPhone 16 series. This aligns with reports from various tech publications, including The Independent, Forbes, and Tom’s Guide, which support the September 20 launch speculation.

Expected Pricing Changes

The iPhone 16 series might be priced lower than the iPhone 15 series in India, thanks to a recent reduction in the basic Customs duty on mobile phones from 20% to 15%. This change could result in more competitive pricing for the new series. For reference, the iPhone 15 series was launched at the following prices: ₹79,900 for the base model, ₹89,900 for the iPhone 15 Plus, ₹1,34,900 for the iPhone 15 Pro, and ₹1,59,900 for the iPhone 15 Pro Max.

Impact of Duty Reduction on Pricing

The reduction in Customs duty is expected to influence the pricing of the iPhone 16 series positively. The iPhone 15 Pro and Pro Max models saw a price decrease of ₹5,100 to ₹6,000, while the base models experienced a reduction of ₹300. This trend suggests that the iPhone 16 series may benefit from similar or greater price adjustments, making it more affordable for consumers in India.

Conclusion

As anticipation builds for the iPhone 16 series launch, consumers can look forward to pre-orders potentially beginning on September 13, with official sales starting on September 20. The reduction in Customs duty on mobile phones is likely to lead to a decrease in pricing compared to the iPhone 15 series, making the new models more accessible. Keep an eye on the September 9 event for the official announcement and further details about the iPhone 16 series.

TWN Special