Russian retailers have launched pre-sales of Apple's latest iPhone, circumventing the company's export ban to Russia and giving consumers the chance to pre-order devices hundreds of dollars more expensive than in the United States.

Despite the iPhone 16 range being priced far higher than in the West, consumers in Russia are keen to secure the latest model of iPhone, with preorders up 15% year-on-year.

Russian retailers have launched pre-sales of the new iPhone from Apple, despite the company's ban on exports to Russia. The device will cost several hundred dollars more in Russia than in the US, according to Reuters.

Pre-order demand in Russia for the new iPhone is 15% higher than for its predecessor, one reseller told Reuters on Friday, even though it is at least 50% more expensive than in the West. Russia legali

Retailers in Russia have begun pre-sales of Apple's (NASDAQ:AAPL) new iPhone 16 models, bypassing the company's export ban to the country, but the phones would cost hundreds of dollars more than they do in the U.