Apple has reportedly slashed the price of its iPhone 5s in India and it now stands at half the price at which it was launched. The company, however, has not yet made any official announcement on price-cut.
Infibeam, which is the only authorised Apple online seller, is offering the iPhone 5S in space grey model (16GB) at a starting price of Rs 21,899. The silver version will cost Rs 27,289 on Infibeam.
As per retailers, iPhone 5s accounts for 50% of total iPhone sales in India.
Launched in India in 2013, the phone amounted for Rs 53,500 for 16GB model. With the latest price cut, the iPhone 5s price in India is probably amongst the lowest in the world. The approximate cost for an unlocked iPhone 5s in US is $450 i.e. Rs 30,000 approximately.