Russia Sees Unusual Price Surge for Older iPhones

Apple's latest presentation on September 9 has triggered an unusual trend in Russia. Instead of the usual price drop, previous generations of iPhones have started to rise in value by up to 10% or more.

The price increase is attributed to Apple's decision to raise prices for the iPhone 16 and 17 series by $100 due to component costs, including memory and storage. In Russia, currency exchange rates, logistics, and parallel import conditions are added to this.

According to Yandex Market, in the week from September 7 to 13, the average price increase was recorded for several models: iPhone 17 Pro Max by 10%, iPhone 17 Pro and iPhone 16 Pro Max by 5%.

Citilink warns that the most significant correction is expected in October, stating that it will not be possible to offset purchase prices with margins due to high competition. However, M.Video points out that its sufficient stock of previous models smooths out changes.