iPhone 15 price drops amidst iPhone 16 Launch speculations

Amidst the iPhone 16 launch speculations and buzz, significant discounts have been offered on the 2024 iPhone models. Apple enthusiasts have much to look forward as to the speculation mounts regarding the impending launch of iPhone 16 next month. The iPhone model, iPhone 15 is currently available at an unprecedented low price.

The iPhone 15 with 128 GB storage is now being offered at Rs 69690 on Vijay sales, a retail company, marking a substantial decrease of around Rs 10000 from its original price of around Rs 79900. Moreover, buyers can avail of an additional discount of around Rs 4000 bringing down the price again to Rs 65690 using their ICICI or SBI Bank credit cards. The iPhone 15 Plus which has both its enhanced battery life and the largest screen is now priced at Rs 77190 from its earlier price of Rs 89900. This results in a saving of around Rs 12000.

The price gap between the iPhone 15 and iPhone 15 Plus stands at Rs 7500 with the latter offering superior features. The iPhone 15 Pro presents a compelling option to various buyers as it is equipped with a compact display, more powerful performance, and advanced camera and capability parallel to the Pro max model at a cost of around Rs 123000.

In parallel, amazon’s Great Freedom Festival sale has announced eye-capturing offers for their conservative buyers. Notably, the iPhone 13 is now available at a special price of Rs 47999 inclusive of bank offers, making it an attractive market deal for the most popular smartphones. The 256 GB variant of iPhone 15 Pro is now available for Rs 123490, after a discount from its original price of Rs 134900. Additionally one can claim a further discount of Rs 3000 by using either of these, ICICI and SBI Bank cards.

Iphone 16 Market Expectations

As reported by various media customers are expecting 5 major features in the iPhone 16 series. The first one is the A18 Pro chip to power the iPhone 16 Pro series, which is expected to Bose a more capable CPU, GPU, and NPU. Customers are also expecting the biggest display ever featured on an iPhone and a new zoom lens and a high-resolution ultrawide angle lens are also in the line-up. The market sentiments also say that consumers are expecting bigger batteries featuring an enhanced battery life for the product. However taking all the consideration, the mentioned upgrades are also likely to guarantee a price hike which means the iPhone 16 could end up being the most expensive model till now.

In conclusion, every product has a product life cycle starting from introduction, its growth then maturity, and finally the declining stage. The Apple product life cycle is now nowhere near the decline stage, which is evident from the market sentiments, arising from the speculations of the iPhone 16 launch. The competitive pricing and bank offers provide significant savings make a high and Apple products more accessible to a broader audience.