According to reports quoting an Apple spokesperson, the company has slashed its IPhone 4S and iPhone 4 pricing in India, ahead of the IPhone 5 launch. Airtel and Aircel however, have not updated the prices on their websites yet.
The reported new price of the Apple iPhone 4SWhere to buy 2250 (16GB) is Rs. 41,400, while the iPhone 4 (8GB) now bears a price of Rs. 28,300, indicating a drop of Rs. 3,100 and Rs. 9,600, respectively. The iPhone 3GS, as announced, has been discontinued.
We expect the iPhone 5 to hit the Indian market by November this year, and to bear pricing similar to, or slightly higher than the iPhone 4S pricing at launch, in November last year – starting from Rs. 44,500 for the 16GB model.
The demand for the iPhone 5 in India is quite high, with the device selling briskly in the grey market and via online retailers, who are charging a hefty premium for the device, with prices as high as Rs. 1,00,000 for the 64GB model.
You can check out our previous coverage, to get a better idea of the online and grey market pricing.