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  4. New Apple iPhone will be available in Russia, trade minister says
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New Apple iPhone will be available in Russia, trade minister says

(Reuters) - Russians will have the chance to buy the new Apple (NASDAQ:AAPL) iPhone 14 despite the U.S. tech company having left the country thanks to Moscow's parallel import...
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(Reuters) - Russians will have the chance to buy the new Apple (NASDAQ:AAPL) iPhone 14 despite the U.S. tech company having left the country thanks to Moscow's parallel import scheme, a senior government official told the RIA Novosti news agency on Thursday.

Russia announced the scheme in March when it authorised retailers to import products from abroad without the trademark owner's permission.

Asked whether the new iPhone, unveiled by Apple on Wednesday, would be imported under the scheme, Trade and Industry Minister Denis Manturov said: "Why not? If consumers want to buy these phones, yes. There will be the opportunity."

Apple halted new product sales in Russia in March, a week after Russia invaded Ukraine, though the iPhone, MacBook and other Apple goods have remained available in Russian stores as retailers sell down their remaining stock of old models and get hold of newly released devices through the import scheme.

Russian mobile network MTS on Thursday morning was already selling the new iPhone 14 models on pre-order. Prices start from 84,990 roubles ($1,398) for the 128GB version.

MTS said delivery could take up to 120 days and it retained the right to cancel orders if it faced difficulties importing the products.

Apple did not immediately respond to a request to comment.

Manturov, who is also a deputy prime minister, said last month that the scheme, which covers Western products ranging from luxury clothes to cars, could reach $16 billion in value this year, equivalent to around 4% of Russia's 2021 imports.

($1 - 60.78 roubles)

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