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Apple’s latest flagship launch, the iPhone 17 series, has led to a significant price drop for the iPhone 16 lineup in India. Following strong early sales of the new models, Apple and major online retailers have quietly rolled out attractive discounts on last year’s flagship, making it one of the best premium deals this festive season.
As of this week, the base iPhone 16 (128 GB) is officially listed at around Rs 69,900, but prices on e-commerce platforms like Amazon and Flipkart have fallen further, hovering near Rs 66,900. During ongoing bank and exchange promotions, buyers can secure the device for as low as Rs 51,999, depending on eligibility and trade-in value.
The move mirrors Apple’s traditional strategy of adjusting previous-generation pricing after a new launch cycle. With the iPhone 17 attracting record pre-orders and sales in India and global markets, the company appears to be clearing iPhone 16 stock while maintaining its appeal to mid-premium buyers.
Despite being a year old, the iPhone 16 remains a powerful smartphone. It features a 6.1-inch Super Retina XDR OLED display, Apple’s A18 Bionic chip, and a dual-camera system with a 48-megapixel main sensor capable of recording 4K HDR video. The phone continues to receive iOS 18 updates and supports enhanced AI-driven photography and battery optimisation features introduced this year.
Industry analysts believe this price correction could expand Apple’s footprint among Indian consumers seeking flagship performance at a lower cost. Many shoppers now view the iPhone 16 as a more practical choice, offering near-identical performance to the newer variant at a much lower entry point.
For those planning to buy, the best deals are currently found during online festive sales and through select card-based offers. Additional savings can be unlocked via exchange bonuses, EMI options, and Apple’s official trade-in program, which provide further reductions on eligible devices.
While the iPhone 17 series, particularly the Pro variants, has taken centre stage globally, the iPhone 16’s new pricing ensures it remains a strong competitor in the premium segment. For users upgrading from older iPhones or switching from Android, the reduced pricing makes Apple’s ecosystem more accessible than ever.
With year-end sales around the corner, the iPhone 16’s new value proposition is likely to draw buyers who prefer premium hardware without the steep price tag of Apple’s latest launch.
