Indians will have to shell out at least $900 to buy the iPhone 7 when it goes on sale in October

Apple may have grown more interested in India, but it is still making the world’s fastest growing smartphone market wait for a month for the new iPhones.

SEE ALSO: This is the country where Apple sells the cheapest and most expensive iPhones

The company unveiled the iPhone 7 and iPhone 7 Plus last night. Both the phones are going on sale in the United States and 27 other markets starting Sept. 16, and then another 30 regions a week later. But it won’t be until Oct. 7 that people in India would be able to get their hands on Apple’s newest.

Like always, Indians will have to pay a premium to buy the new iPhones. Apple revealed last night that the base iPhone 7 32GB variant will cost Rs 60,000 ($902) in India, which is significantly expensive than the $649 it costs in the United States. Blame it on high import duties and other taxes in India. Read more...

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