iPhone 16 prices drop in Pakistan, Check latest PTA-approved rates

ISLAMABAD: After nearly a month since the official launch of Apple’s iPhone 16 series, prices in Pakistan are finally starting to stabilize. Initially, local shopkeepers had taken advantage of the hype surrounding the new flagship smartphones, selling the top-of-the-line iPhone 16 Pro Max for as much as Rs800,000.

Eager early adopters had paid these hefty prices, but the market is now experiencing a welcome correction. The initial price surge was largely due to the absence of an official Apple store in Pakistan, allowing local shopkeepers to set their prices for newly launched iPhones.

Without direct sales from Apple, shop owners seized the opportunity to overcharge customers. Limited availability, resulting from selective imports by individuals and shopkeepers, further fueled the inflated prices.

However, the situation has begun to improve. As more distributors, including prominent Apple product distributor Mercantile, have started importing iPhone 16 models, prices have eased this month. Notably, Mercantile is offering PTA-approved iPhone 16 models, with some sellers even throwing in a free 20W Apple charger.

It’s worth noting that these prices apply to iPhone variants featuring one eSIM and one physical SIM.

With increased availability and official distribution channels opening up, Pakistani consumers can now look forward to purchasing the latest iPhones at more reasonable prices.

The stabilization of prices is a welcome relief for those who waited patiently, and it’s expected to continue as more suppliers enter the market.

The entry of authorized distributors like Mercantile not only brings price stability but also assures customers of genuine products and after-sales support.

As the market continues to normalize, buyers are advised to verify the authenticity of iPhone 16 models and purchase from reputable sources to ensure a seamless ownership experience.