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iPhone Duo shortage in India: Why buyers are paying up to ₹1 lakh extra for Apple's foldablePhoto: Mint Technology
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TECHMint Technology · 1 day agoLive

iPhone Duo shortage in India: Why buyers are paying up to ₹1 lakh extra for Apple's foldable

Reported by Mint Technology, not nibnow. We are not the publisher of this story, only the source is.

WHY IT MATTERS

Indian buyers are facing steep premiums of up to ₹1 lakh because the iPhone Duo’s limited supply forces retailers to charge far above Apple’s official price.

WHAT HAPPENED

Apple’s first foldable, the iPhone Duo, is in short supply in India, with retailers reportedly charging ₹70,000 to ₹1 lakh over its ₹2,99,900 price. Retailers say they received only a handful of units, and Apple’s websites show 2027 delivery dates. Here’s what is behind the shortage.

KEY CONTEXT

Apple’s first foldable phone, the iPhone Duo, is priced at ₹2,99,900 in India, and foldable smartphones often see constrained inventories at launch, leading to secondary‑market markups.

WHAT TO WATCH
  • •Announcements from Apple about additional shipments to India
  • •Changes in retail pricing as supply improves
  • •Consumer response and any official statements on the delivery timeline
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Read full article at Mint Technology