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iPhone 17 series price hike? New leak suggests phones could cost up to Rs 35,000 more

A fresh leak suggests Apple's iPhone 17 lineup could launch at significantly higher prices in India, with the Pro Max model tipped to see the steepest increase. While Apple has not confirmed the claims, rising component costs, AI-driven memory demand and hardware upgrades could put upward pressure on pricing.

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FP Tech Desk|Jun 29, 2026, 16:07:46 IST

Apple's upcoming iPhone 17 lineup could arrive with noticeably higher price tags in India, according to a new leak that suggests increases across every model in the range. If accurate, the biggest jump could reach as much as Rs 35,000 for the flagship Pro Max variant.

The pricing details were shared by tipster Sanju Choudhary, who claims Apple is preparing to revise the prices of the standard iPhone 17, iPhone 17e, iPhone Air, iPhone 17 Pro and iPhone 17 Pro Max. Apple has not commented on the leak, and the reported figures remain speculative until the company officially unveils the devices.

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The leak comes amid growing expectations that Apple's next generation of smartphones may become more expensive globally as component prices rise and AI-related hardware costs continue to increase.

Leaked prices point to sharp increases

According to the tipster, the standard iPhone 17 could be priced at Rs 94,900, up from Rs 82,990. The iPhone 17e is expected to move from Rs 64,900 to Rs 74,900, while the rumoured iPhone Air could reportedly cost Rs 1,34,900 instead of Rs 1,19,900.

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The largest increases are tipped for the premium models. The iPhone 17 Pro is said to be priced between Rs 1,54,900 and Rs 1,69,900, compared with its current starting price of Rs 1,34,900. Meanwhile, the iPhone 17 Pro Max could reportedly retail between Rs 1,84,900 and Rs 1,99,900, significantly higher than its existing price of Rs 1,49,900.

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Although these figures have not been independently verified, they align with broader industry expectations that Apple may revise pricing to offset rising manufacturing costs.

Analysts have pointed to several factors that could contribute to higher prices, including more expensive components, advanced AI capabilities and upgraded camera systems expected in future iPhones.

Rising costs may reshape Apple's pricing strategy

Research by TechInsights indicates that Apple's current pricing leaves limited room to absorb further cost increases while maintaining profitability. The firm's estimates suggest the iPhone 17 Pro, which starts at US$1,099 in the US, generates a gross margin of roughly 47 per cent.

Based on projected manufacturing costs, TechInsights believes preserving that margin could require Apple's next Pro model to start at around US$1,371. However, the company noted Apple may instead choose a simpler retail price, such as US$1,299, even if it results in slightly lower margins.

Supply chain analyst Ming-Chi Kuo has also forecast that a next-generation camera system could cost Apple around 50 per cent more than existing hardware, adding further pressure to production costs. According to an analysis by The Wall Street Journal, those increases could push the starting price of a future iPhone 18 Pro to US$1,399 or higher.

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For Indian buyers, the impact could be even greater. Import duties and taxes typically make Apple's premium devices considerably more expensive than their US counterparts, meaning any global price increase would likely translate into a steeper rise in India.

Beyond Apple's own product lineup, the company is facing broader industry-wide cost pressures. The rapid expansion of AI infrastructure has driven up demand for memory chips, leading to higher component prices across the consumer electronics sector. Apple has previously reflected these rising costs in products including MacBooks, iPads, Apple TV and HomePod devices.

Whether the leaked prices prove accurate remains to be seen, but if Apple does raise prices across the iPhone 17 family, Indian consumers could be paying substantially more for the company's next generation of smartphones.

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First Published:Jun 29, 2026, 16:07:46 IST
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