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
92 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
92 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
92 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

iPhone 15 Pro FineWoven

Apple Reportedly Stops Production of FineWoven Accessories

Sunday April 21, 2024 6:03 am PDT by
Apple has stopped production of FineWoven accessories, according to the Apple leaker and prototype collector known as "Kosutami." In a post on X (formerly Twitter), Kosutami explained that Apple has stopped production of FineWoven accessories due to its poor durability. The company may move to another non-leather material for its premium accessories in the future. Kosutami has revealed...
Provenance Emulator

PlayStation and SEGA Emulator for iPhone and Apple TV Coming to App Store [Updated]

Friday April 19, 2024 8:29 am PDT by
The lead developer of the multi-emulator app Provenance has told iMore that his team is working towards releasing the app on the App Store, but he did not provide a timeframe. Provenance is a frontend for many existing emulators, and it would allow iPhone and Apple TV users to emulate games released for a wide variety of classic game consoles, including the original PlayStation, GameCube, Wii,...
iOS 17 All New Features Thumb

iOS 17.5 Will Add These New Features to Your iPhone

Sunday April 21, 2024 3:00 am PDT by
The upcoming iOS 17.5 update for the iPhone includes only a few new user-facing features, but hidden code changes reveal some additional possibilities. Below, we have recapped everything new in the iOS 17.5 and iPadOS 17.5 beta so far. Web Distribution Starting with the second beta of iOS 17.5, eligible developers are able to distribute their iOS apps to iPhone users located in the EU...
apple vision pro orange

Apple Vision Pro Customer Interest Dying Down at Some Retail Stores

Monday April 22, 2024 2:12 am PDT by
Apple Vision Pro, Apple's $3,500 spatial computing device, appears to be following a pattern familiar to the AR/VR headset industry – initial enthusiasm giving way to a significant dip in sustained interest and usage. Since its debut in the U.S. in February 2024, excitement for the Apple Vision Pro has noticeably cooled, according to Bloomberg's Mark Gurman. Writing in his latest Power On...
top stories 20apr2024

Top Stories: Nintendo Emulators on App Store, Two New iOS 17 Features, and More

Saturday April 20, 2024 6:00 am PDT by
It was a big week for retro gaming fans, as iPhone users are starting to reap the rewards of Apple's recent change to allow retro game emulators on the App Store. This week also saw a new iOS 17.5 beta that will support web-based app distribution in the EU, the debut of the first hotels to allow for direct AirPlay streaming to room TVs, a fresh rumor about the impending iPad Air update, and...