All regulatory hurdles that previously made it difficult for Apple to sell the iPhone in Argentina are set to be removed next month, allowing Apple's suite of smartphones to be legitimately sold in the country for the first time in years. According to a person familiar with the Argentinian government's plans (via Bloomberg), President Mauricio Macri is seeking to lift restrictions placed by his predecessor in 2009 that pressured companies to assemble products locally.

Some companies abided by these rules and opened factories in Argentina, including Samsung, but Apple never did. Now with the restrictions being lifted, Apple will be able to import and sell iPhones created elsewhere to customers in Argentina, although the company will face a hefty import tax. iPhones in Argentina could be "at least 25 percent more expensive" than smartphones assembled locally, according to Bloomberg's source.

iphone 7 plus colors
One Apple reseller in the country, Hector Goldin, thinks it could cost even more than that. Goldin is already preparing pre-orders for iPhones, even though the customers placing the orders have yet to discover exactly how much they'll be paying for Apple's smartphone. Goldin is set to sell five iPhone models at his reseller location in Argentina beginning April 7, and is said to have been informed of the prices of each model, some of which could run "double the price in the U.S." In the past, Apple devices like the iPad have sold for three times as much in Argentina as they did in the U.S.

He declined to give prices, saying Apple doesn’t like to disclose such details until device goes on sale, but said it will be expensive -- perhaps double the price in the U.S. and 40 percent higher than in neighboring Chile because of sales, import and income taxes. But Argentines who do buy local will have be able to get full service on certified iPhones, he said.

“It’s hard to explain how happy I am,” he said. “I am already receiving the new ones for sale and at the same time getting reservations from clients who still don’t know the final price.”

Despite the steep price of the iPhone, local phone companies have been wanting to offer the smartphone "for high-end users" who aren't bothered by the expensive cost. Monthly installment plans will also be used by carriers in a bid to make iPhones "more accessible" to a wider group of Argentinians. Before the restriction's lift, iPhones found their way into users' hands in Argentina thanks to "gray market" resellers that imported the devices to sell online.

Apple is also expanding into Argentina with a new retail location set to open up in Buenos Aires in 2018, which will become Apple's first official retail location in the country. It was reported last month that a group of third-party retailers will also begin selling Apple products in 2017, including electronics chain Frávega, and with today's news that should begin including the iPhone as well.

Related Forum: iPhone

Top Rated Comments

thisisnotmyname Avatar
70 months ago
I guess those protectionist policies explain the booming economy Argentina has had in recent years.
Score: 5 Votes (Like | Disagree)
Mr. Dee Avatar
70 months ago
If it cost that much, I would just wait until the iPhone 7s to get the best bang for my buck. Locally here in Jamaica, they cost at least $1,500 if you were to take into account import duties. I had to smuggle in my 6s in 2015. When customs saw it, he gave me a hard time.

I wish I had the ability to teleport myself to the US; buy what I want then teleport myself back to my room without the unnecessary travel expenses. That more than $700 in travel fee's would be buying a brand new device every year or saved for other expenses like food.
Score: 2 Votes (Like | Disagree)
just.jon Avatar
70 months ago
That's one way to keep their shareholders happy and profit margins high. Next up the 10th anniversary iPhone X.
Apple does not earn any additional profit in this scenario. The additional cost to the customer is composed of import duties and sales tax that is collected by the government of Argentina.
Score: 1 Votes (Like | Disagree)

Popular Stories

cook sept 2020 event

Gurman: Apple Preparing Pre-Recorded iPhone 14 and Apple Watch Series 8 Event

Sunday August 7, 2022 6:13 am PDT by
Apple has "started to record" its virtual September event, where it's expected to announce the upcoming iPhone 14 lineup, the Apple Watch Series 8, and a new "rugged" Apple Watch model, according to Bloomberg's Mark Gurman. Writing in his latest Power On newsletter, Gurman says the event, which is expected to take place in the early part of September, is already under production, implying...
iPhone 14 Lineup Feature Purple

Color Options for All iPhone 14 Models: Everything We Know

Monday August 8, 2022 3:59 am PDT by
The iPhone 14 and iPhone 14 Pro models are rumored to be available in a refreshed range of color options, including an all-new purple color. Most expectations about the iPhone 14 lineup's color options come from an unverified post on Chinese social media site Weibo earlier this year. Overall, the iPhone 14 and iPhone 14 Pro's selection of color options could look fairly similar to those of the ...
ios 16 beta 5 battery percent

iOS 16 Beta 5: Battery Percentage Now Displayed in iPhone Status Bar

Monday August 8, 2022 10:43 am PDT by
With the fifth beta of iOS 16, Apple has updated the battery icon on iPhones with Face ID to display the specific battery percentage rather than just a visual representation of battery level. The new battery indicator is available on iPhone 12 and iPhone 13 models, with the exception of the 5.4-inch iPhone 12/13 mini. It is also available on the iPhone 11 Pro and Pro Max, XS and XS Max, and...
iOS 16 battery percentage

Apple Limiting iOS 16 Beta 5 Battery Percentage Display to Select iPhones: Here Are the Supported Devices

Tuesday August 9, 2022 2:51 am PDT by
Apple this week brought back one of the most highly requested features from iOS users since the launch of the iPhone X in 2017: the ability to see your battery percentage directly in the status bar. Ever since the launch of the iPhone X with the notch, Apple has not allowed users to show their battery percentage directly in the status bar, forcing them to swipe down into Control Center to...
ios 16 battery indicator 2

Everything New in iOS 16 Beta 5: Battery Percentage in Status Bar, Find My Changes and More

Monday August 8, 2022 12:53 pm PDT by
Apple today seeded the fifth beta of iOS 16 to developers for testing purposes, introducing some small but notable changes to the iOS operating system. Subscribe to the MacRumors YouTube channel for more videos. We've rounded up everything new in the fifth beta below. Battery Percentage in Status Bar The battery icon in the status bar now displays the exact battery percent, a feature that ...
iphone 14 pro max camera bump compared lipilipsi 16 9

Bigger iPhone 14 Pro Max Camera Bump Shown Alongside iPhone 13 Pro Max

Monday August 8, 2022 4:33 am PDT by
The camera bump on the upcoming iPhone 14 Pro Max is expected to be the largest rear lens housing Apple has ever installed on its flagship smartphones, and a new photo offers a rare glimpse at just how prominent it is compared to Apple's predecessor device. iPhone 14 Pro Max dummy (left) vs iPhone 13 Pro Max All iPhone 14 models are expected to see upgrades to the Ultra Wide camera on the...
airpods pro black background

Beyond iPhone 14: Five Apple Products Expected to Launch Later This Year

Monday August 8, 2022 9:43 am PDT by
While the iPhone 14 and Apple Watch Series 8 are expected to be announced in September as usual, there are several more Apple products rumored to launch later this year, including new iPad and Mac models and more. Beyond the iPhone and Apple Watch, we've put together a list of five Apple products that are most likely to be unveiled by the end of 2022. Second-Generation AirPods Pro Apple...