About Apple’s India pricing for the iPhone 5S, iPhone 5C

After Apple officially announced that the iPhone 5S and iPhone 5C will be launched in India on November 1, there have been many rumors around the prices of the two new iPhones in India. And understandably so. A leading newspaper today published what it claims to be the prices of the new iPhones in India, which has resulted in a deluge of tweets, mails, text messages and every possible means of communication asking for our take on the news. Rather than replying to everyone individually, we thought it is best to dispel all rumors and share what we know at the moment.

First of all, the prices are incorrect and are not official. They deduced these numbers by simple conversions of the prices of the unsubsidized iPhone 5S and iPhone 5C in the US and that too before local taxes there. The calculation does not take into account import duties, currency hedging, local Indian taxes and some other factors at play, so rest assured that the iPhone 5C won’t be priced at Rs 34,700 and the iPhone 5S at Rs 41,000.