Price in India iPhone reduced

Just after Apple reduced the price of the iPhone 5s up to 50% off just last week, the Times of India reports that Apple has done another price-cut, this time for the iPhone 6s and 6s Plus.

According to the Times of India, the source notes that…

“Apple cut prices of its latest iPhone 6s and iPhone 6s Plus. Just two months after their launch in India to boost flagging sales in what historically its most crucial quarter as demand for the flagship devices nosedived from a Diwali high.”

Consumers will see up to 16 percent off the retail price of the latest iPhones. The 16GB iPhone 6s is now on sell for 52,000 to 55,000 rupees, which is a drop from the original price of 62,000 rupees.

India is the world’s third largest smartphone market behind China and the U.S. and is predicted to surpass the U.S in 2017 making it second, since its also the world’s fastest growing smartphone market.

“Apple imported almost 320,000 of the latest iPhones in October in India, the world’s fastest growing smartphone market, sparking hopes of its best ever quarter. Shipments have slumped since then and the latest data suggests that imports of the new models fell 62 percent to 120,000 in November.”

It should be noted that India is also the most expensive place in the world to buy an iPhone. Neil Shah, a research director at Counterpoint Research told CNET this past October “Anything above 60,000 rupees is way out of reach for even an average rich urban consumer.” The original starting price for the 16GB iPhone 6s is 62,000 rupees, which is equivalent to $936 USD.

Many people think that with price cuts in India will bring a boost demand for the iPhone 6s and 6s Plus, while others think that the iPhone 6s and 6s Plus will be over shadowed do to the 5s price cut last week to 24,999 rupees. However, it is speculated that by January to September the price cut for the iPhone 6s and 6s Plus will be re-ignited in India again.

Source info: CNETTimes of India


Come comment on this article: Apple Reduces The Prices Of The iPhone 6s And 6s Plus In India