In a surprising move, Apple has significantly reduced the prices of its latest iPhone 16 series in Pakistan, making the flagship device more affordable for consumers. The price cuts, which range from Rs. 4,000 to Rs. 14,000, come amid fluctuating exchange rates and changes in Pakistan Telecommunication Authority (PTA) taxes.
Updated iPhone 16 Prices in Pakistan
The new prices for the iPhone 16 series are as follows:
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iPhone 16: Rs. 361,700 (128GB) | Rs. 401,000 (256GB) | Rs. 480,250 (512GB)
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iPhone 16 Plus: Rs. 401,000 (128GB) | Rs. 441,000 (256GB) | Rs. 520,000 (512GB)
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iPhone 16 Pro: Rs. 446,000 (128GB) | Rs. 484,500 (256GB) | Rs. 564,500 (512GB) | Rs. 644,500 (1TB)
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iPhone 16 Pro Max: Rs. 526,000 (256GB) | Rs. 604,500 (512GB) | Rs. 684,500 (1TB)
PTA Tax Reductions Also Announced
Alongside the price cuts, the PTA has revised its tax structure for imported iPhones. The latest tax rates are:
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iPhone 16: Rs. 128,000 (Passport) | Rs. 153,000 (CNIC)
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iPhone 16 Plus: Rs. 134,000 (Passport) | Rs. 160,000 (CNIC)
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iPhone 16 Pro: Rs. 167,000 (Passport) | Rs. 197,000 (CNIC)
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iPhone 16 Pro Max: Rs. 181,500 (Passport) | Rs. 211,000 (CNIC)
What’s Behind the Price Drop?
Industry experts suggest that Apple’s pricing strategy, combined with a slight reduction in PTA taxes, has led to this decrease. The move aims to make the iPhone 16 series more competitive in Pakistan’s growing smartphone market.
Consumers can now purchase the latest iPhone 16 models at lower prices, making it an ideal time for Apple enthusiasts to upgrade their devices. However, prices may still fluctuate based on import duties, exchange rates, and market demand.