Apple’s rumoured foldable iPhone may top ₹2 lakh in India

Reports suggest Apple’s first foldable iPhone, potentially branded iPhone Ultra, could be priced at ₹2.3-2.5 lakh in India. Apple has not confirmed the device, its name, launch timing or pricing.

— Source publishedTue, 8 Sept, 2026, 14:01 IST·First seen Tue, 8 Sept, 2026, 14:06 IST·Source NDTV Profit

What happened

Reports suggest Apple’s first foldable iPhone, dubbed iPhone Ultra, could be priced above Rs 2 lakh in India, with some estimates reaching Rs 2.3-2.5 lakh or

Key facts

  • $2,000-$2,500 estimated US starting price
  • India price potentially above Rs 2 lakh
  • India estimates of Rs 2.3 lakh-Rs 2.5 lakh
  • highest-end version potentially above $3,000
  • more than Rs 2.8 lakh before India pricing structure
  • 5.5-inch outer display
  • 7.8-inch inner display

Why this matters

A foldable iPhone would deepen Apple’s claim on India’s ultra-premium segment and could increase the strategic value of partnerships in premium retail, financing, servicing and luxury-device accessories.

What to watch

  • Apple product announcement, trademark filings or supply-chain evidence confirming a foldable iPhone and its form factor.
  • India launch-wave inclusion, local assembly status, import-duty treatment and official MRP.
  • Storage variants, display size, durability claims, repair pricing and warranty terms.
  • Pre-order allocation to Apple Premium Resellers, carrier partners and major e-commerce platforms.
  • Availability of exchange bonuses, no-cost EMI, bank offers and AppleCare+ pricing.
  • Competitor response: price cuts, trade-in boosts or new foldable launches from Samsung, Google, Vivo and OnePlus.
  • Early demand indicators including waitlists, demo appointments, sell-through at luxury malls and Pro Max trade-in volumes.
  • Prepare a concierge-led launch model for top metro stores: appointment demos, priority delivery, premium setup and trade-in valuation.
  • Build financing and upgrade propositions that reduce visible monthly cost, including long-tenure EMI, premium-card offers and high-value iPhone trade-ins.
  • Secure accessory, protection-plan and repair-readiness inventory early; attach-rate economics may matter more than device unit volume.
  • Segment CRM audiences for likely buyers: Pro Max owners, luxury-watch customers, high-spend Apple ecosystem households and foldable switchers.
  • Monitor premium Android foldable pricing and promotional intensity; Samsung and other rivals may defend share with bundle-heavy offers before launch.
  • Avoid committing to volume forecasts or price-led campaigns until Apple confirmation, channel allocation and Indian SKU details emerge.