iPhone 17 price to increase by Rs 12,000? Details inside

Apple is said to increase iPhone 17 prices in India as early as the first week of August. However, the company has not confirmed this yet.According to tipster Abhishek Yadav, Apple has informed iPlanet dealers that the standard iPhone 17 could soon cost Rs 94,990, up from its launch price of Rs 82,990.If the report turns out to be accurate, the base iPhone 17 will become Rs 12,000 more expensive within 2–3 weeks. The tipster also claims the iPhone 17 Pro and iPhone 17 Pro Max could receive similar price hikes. Several retailers told India Today Tech they also expect prices to go up once fresh iPhone stock arrives in India.Some retailers estimate the iPhone 17 Pro lineup could become Rs 15,000 to Rs 30,000 more expensive, though none have official confirmation from Apple.The smartphone industry is facing rising costs for RAM, storage, and chipsets due to strong AI-related demand, leading many brands to revise prices.Counterpoint Research Director Tarun Pathak told India Today Tech that a price hike is likely in India, estimating an increase of around 8–12 per cent, though the exact timing remains uncertain.Apple has not announced any iPhone 17 price increase. Until then, the reported August price hike remains speculation based on retailer feedback, industry experts, and tipster claims.