Apple’s reported foldable iPhone Ultra may be priced above Rs 2 lakh in India

Apple’s first foldable iPhone, reportedly branded iPhone Ultra, could carry an average selling price above $2,550 before India-specific taxes and costs. Limited early production, costly foldable components and higher memory prices could position the device as an ultra-premium niche offering.

— Source publishedTue, 8 Sept, 2026, 19:43 IST·First seen Tue, 8 Sept, 2026, 20:29 IST·Source NDTV Profit

What happened

Apple’s reported foldable iPhone Ultra could exceed Rs 2 lakh in India after taxes and costs, positioning it as a luxury device. The September launch is

Key facts

  • Expected iPhone Ultra average selling price above $2,550 (about Rs 2.1 lakh)
  • Top storage variants could exceed $3,000 (about Rs 2.5 lakh)
  • TrendForce estimated starting price of $2,099-$2,299 (about Rs 1.75 lakh-Rs 1.9 lakh)
  • Citi expects a starting price above $2,000 (about Rs 1.66 lakh)
  • Samsung Galaxy Z Fold 8 price cited at $1,899
  • Memory prices reportedly rose more than 300% in one year
  • iPhone 18 Pro prices may rise 10%-20% year-on-year
  • 7.8-inch inner display and 5.5-inch cover display expected
  • Expected 12GB RAM and 5,500mAh battery
  • Production reportedly limited to a few hundred units daily, with an initial run of about 10 million units
  • Production ramp may take 3-5 months
  • US survey of 2,605 adults found 75% uninterested; interested buyers would pay an average $781 (about Rs 65,000)

Why this matters

Apple’s reported pricing signals a luxury-niche entry rather than a volume play, raising the strategic value of partnerships in premium retail, financing, after-sales service and high-end accessory ecosystems.

What to watch

  • Confirmation of launch timing, branding and India availability from Apple or its supply-chain partners.
  • Reported bill of materials, display yield rates and initial production volumes, which will indicate whether scarcity is intentional or supply constrained.
  • India pricing relative to US pricing after duties and taxes, especially whether the launch lands materially above Rs 2 lakh.
  • Availability of trade-in, EMI and bank offers at Apple Store, Apple Online Store and key resellers.
  • Early review consensus on crease visibility, durability, cameras, battery life and repair costs.
  • First-quarter shipment estimates, wait times and sell-through in top Indian metros.
  • Movement in iPhone Pro and Pro Max average selling prices and mix following the foldable launch.
  • Use the device as a halo in Apple Store and premium reseller merchandising, emphasizing materials, thinness, durability and ecosystem continuity rather than productivity alone.
  • Expand high-ticket affordability levers including longer-tenure EMI, enhanced trade-in values, bank offers and AppleCare+ bundles to reduce the visible purchase barrier.
  • Prioritize limited allocation for Mumbai, Delhi NCR, Bengaluru, Hyderabad and Chennai, with appointment-led demos and concierge-style setup services.
  • Prepare accessory and service propositions for a higher repair-risk product, including premium cases, screen protection, device insurance and expedited repair pathways.
  • Monitor whether Samsung, Google and Chinese foldable brands respond with aggressive India pricing, trade-in subsidies or flagship launches around Apple’s release window.