The prices have been slashed further. See Update at the bottom of the post.
Gearing up for the launch of the iPhone 5 in India, Apple has lowered the prices of the iPhone 4 and iPhone 4S in the market, reports BGR.
The iPhone 4, which was retailing for Rs. 37,900 has seen a huge price cut and is now available for Rs. 28,300. While this price now puts it in the sub-30k range, it still lacks many of the better features that exist in the other phones in the same price range. It has slim chances against Samsung’s Galaxy S3, probably the most popular phone in the Indian market, which is available at Rs. 34,900 or lower. The iPhone 4S on the other hand only sees a marginal cut, dropping from Rs. 44,500 to Rs. 41,500.
If these prices are any indication, I expect the price of the iPhone 5 to be no less than Rs. 45,000 and I’m assuming it’ll be close to Rs. 48,000.
Update: Apple has slashed the prices of iPhone 4 and iPhone 4S in India even further. The new prices are Rs. 26,500 for the iPhone 4 and Rs 38,500 for the iPhone 4S (8GB and 16GB models respectively).