In TrendsSensex TodaySteamhouse India IPO GMPGold and Silver PricesBRICS SummitBank Strike TodayInside the ₹2.99 lakh price tag: Why Apple’s foldable iPhone Duo costs so muchApple’s first foldable iPhone Duo starts at ₹2,99,900 in India, significantly higher than its US price of $1,999. Here are some factors that contribute to the price gap.By CNBCTV18.com September 11, 2026, 1:29:18 PM IST (Published)Apple has entered the foldable smartphone market with the launch of iPhone Duo, marking one of the biggest design changes to the iPhone in nearly two decades. In India, the base variant is available at ₹2,99,900, while the top-end 2TB model is expected to cost around ₹4.5 lakh.The iPhone Duo, meanwhile, is priced at $1,999 in the US. This translates to roughly ₹1.90 lakh at an exchange rate of around ₹95 to the dollar. The foldable device costs nearly 58 per cent, or about ₹1.1 lakh higher in the Indian market than in the US.This steep price has quickly become a talking point, particularly for the 2TB variant, which costs as much as a hatchback Maruti car or a round trip to the US.The exchange rate alone can't explain the difference. Let’s find out why Apple’s foldable iPhone costs so much.Why…
Original source: https://www.cnbctv18.com/technology/
