Apple iPhone 5 gets a bit cheaper, available at Rs 42,990

For the first time in India, Apple iPhone 5 prices dropped by a significant amount of Rs 2500, dropped from Rs. 45,500 to Rs. 42,990. The largest online retailer Snapdeal has reduced the prices of Apple iPhone 5 in his e-commerce portal.

Snapdeal has been selling mobile or smartphones at cheaper rates, but it would be the first time that an Indian online retailer has dropped iPhone 5 prices. This price is for the 16 GB model of iPhone 5 and similarly the prices of 32 and 64 GB models have dropped to Rs 50,100 and Rs 57,200 respectively, facing a cut of average Rs. 2350.

After the budget announcement by FM P. Chidambaram, which says that the prices of smartphones above Rs. 2000 will be increased, this would be unexpected from most of the people. This price cut will bring some more buyers for Apple iPhone 5 in India.

And now, the Apple iPhone 5 is also a bit cheaper than competitor smartphones like HTC One and Blackberry Z10, which cost Rs. 45,500 and Rs. 43,490 respectively. 

Apart from that, iPhone 4 and 4S prices are also reduced, but Apple iPad prices are still the same. This price reduction will be welcomed by buyers and this also signs that other prominent e-retailers of India will be reducing the prices of iPhone 5 subsequently.