iPhone 18 Pro initial sales in India rise 15–28% despite ₹1.65 lakh starting price

Apple’s iPhone 18 Pro series has posted 15–28% year-on-year initial sales growth in India, according to Business Today. Urban upgraders, higher-storage models and Burgundy finishes are leading demand, while EMI financing—used for about 66% of Apple sales in India—helps absorb the premium price point ahead of festive season.

— Source publishedSat, 19 Sept, 2026, 19:37 IST·First seen Sat, 19 Sept, 2026, 19:47 IST·Source Business Today · Latest

What happened

Apple's iPhone 18 Pro series recorded 15-28% year-on-year initial sales growth in India despite a Rs 1,64,900 starting price. Demand is led by urban upgrade

Key facts

  • iPhone 18 Pro series sale began September 18
  • Starting price: Rs 1,64,900
  • Initial sales up 15-28% year-on-year
  • Approximately 66% of Apple sales in India are EMI-based

Why this matters

Apple’s India momentum highlights the strategic value of partners in consumer financing, premium retail distribution and localized trade-in ecosystems that can expand access to ultra-premium devices.

What to watch

  • Festive-season sell-through versus retailer inventory replenishment, especially in Mumbai, Delhi NCR, Bengaluru and Hyderabad.
  • Share of sales financed through EMI and whether average loan tenure lengthens.
  • Pro versus base-model mix, storage-tier mix and Burgundy availability or wait times.
  • Trade-in values for iPhone 13, 14 and 15 models and the level of bank-funded cashback.
  • Premium Android flagship discounting from Samsung, Google, OnePlus and Vivo.
  • Any increase in Apple Store openings, authorized reseller expansion or India-localized financing partnerships.
  • Apple and large-format retailers are likely to expand no-cost EMI, instant-bank-discount and trade-in campaigns ahead of Diwali.
  • Channel inventory will skew toward Pro/Pro Max and higher-storage SKUs, increasing the risk of localized shortages in the most popular finishes.
  • Competing Android premium brands are likely to respond with aggressive exchange bonuses, bundled wearables and zero-down-payment financing.
  • Accessory, protection-plan and premium case sales should rise alongside the higher-value iPhone mix.
  • Apple may use the stronger premium installed base to push AppleCare+, wearables and service subscriptions, raising customer lifetime value beyond handset revenue.