iPhone 12 Pro so costly in India, you can fly to Dubai to buy it and save money

#1

Post by notRobot » Thu, Oct 22, 2020, 1:15 PM UTC

iPhone 12 Pro so costly in India, you can fly to Dubai to buy it and save money
indiatoday.in

Re: iPhone 12 Pro so costly in India, you can fly to Dubai to buy it and save money

#2

Post by seldonnn » Thu, Oct 22, 2020, 1:49 PM UTC

The news here is probably more about the decline in aircraft ticket prices than some surprising change in India iPhone costs.

Re: iPhone 12 Pro so costly in India, you can fly to Dubai to buy it and save money

#3

Post by smeyer » Thu, Oct 22, 2020, 1:49 PM UTC

I wish the article went into the cause of the price difference. Is it high import taxes/sales taxes/etc., restrictions that make the phone harder to produce or sell for the Indian market, or just Apple deciding to charge a sizably higher markup in India than elsewhere?

Re: iPhone 12 Pro so costly in India, you can fly to Dubai to buy it and save money

#4

Post by dtertman » Thu, Oct 22, 2020, 1:51 PM UTC

If people were willing and able to fly, the free market would close this arbitrage by ... driving up the cost of flying to Dubai. The other prices are controlled.

Re: iPhone 12 Pro so costly in India, you can fly to Dubai to buy it and save money

#5

Post by deadalus » Thu, Oct 22, 2020, 1:52 PM UTC

https://twitter.com/scarysouthpaw/status/1318517195064791044

Re: iPhone 12 Pro so costly in India, you can fly to Dubai to buy it and save money

#6

Post by dry_soup » Thu, Oct 22, 2020, 1:52 PM UTC

Since the article lists prices in INR: The price of the iPhone 12 Pro in India in USD today is $1,615.22, and the price in Dubai is $1,140.15. So it must be possible to fly round-trip to Dubai for less than about $475, which seems plausible.

Re: iPhone 12 Pro so costly in India, you can fly to Dubai to buy it and save money

#7

Post by jonplackett » Thu, Oct 22, 2020, 1:53 PM UTC

Anyone wondering, the base price of the iPhone 12 pro is in the article as 119900 rupees which is $1,627.61 according to google.

Re: iPhone 12 Pro so costly in India, you can fly to Dubai to buy it and save money

#8

Post by Jeremy1026 » Thu, Oct 22, 2020, 1:53 PM UTC

Well thats definitely better for the environment.

Re: iPhone 12 Pro so costly in India, you can fly to Dubai to buy it and save money

#9

Post by distant_hat » Thu, Oct 22, 2020, 1:54 PM UTC

smeyer wrote: post #3

I wish the article went into the cause of the price difference. Is it high import taxes/sales taxes/etc., restrictions that make the phone harder to produce or sell for the Indian market, or just Apple deciding to charge a sizably higher markup in India than elsewhere?

Its mostly taxes and duties, though Apple products are generically costlier in India. When Apple used to charge for OS updates, if you paid in Indian Rupees it would be somewhat more expensive than you would expect for exchange rate considerations.

Re: iPhone 12 Pro so costly in India, you can fly to Dubai to buy it and save money

#10

Post by wlesieutre » Thu, Oct 22, 2020, 1:54 PM UTC

Similarly but without COVID-suppressed airline prices, I remember back before Creative Cloud reading that it was cheaper to fly from Australia to the US to buy Creative Suite