Apple’s products on display during an Apple’s event at the Steve Jobs Theater in Cupertino, California, U.S. September 9. REUTERS

Following Apple’s iPhone 17 launch, prices for non-PTA and PTA approved iPhone 16 models in Pakistan have dropped to their lowest since release. The similar launch price of the iPhone 17 and reduced demand for older models have driven this decline. Despite no local manufacturing, iPhones remain a status symbol in Pakistan, imported by dealers nationwide.