Apple iPhone 16 Price Cut: Should You Upgrade or Wait for iPhone 17?
iPhone 16 gets Rs 10,000 discount on Amazon & Flipkart. Apply bank & exchange offers to save more. Analyze specs vs iPhone 17 before buying.
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Apple’s 2024 iPhone 16 is currently offered at a discounted price on major Indian e-commerce platforms as the company unveils its new iPhone 17 lineup. On Amazon, the base model with 8GB RAM and 128GB storage is listed at Rs 69,999, down from the original Rs 79,900. Flipkart lists the same model at Rs 74,900. Additional credit card and exchange offers could lower the effective cost to around Rs 60,000, making it an attractive option for buyers seeking immediate purchase before the iPhone 17 arrives.
The iPhone 16 base variant on Amazon offers a Rs 10,000 price reduction. Users can further benefit from credit card discounts and trade-in offers. Some promotions provide flat reductions of Rs 8,501, alongside no-cost EMI options.
Flipkart lists the iPhone 16 base model at Rs 74,900, offering roughly a 5% discount. Extra savings are available via bank-specific promotions. For example, Axis Bank and SBI credit cardholders can get up to Rs 4,000 cashback, while Axis Bank debit cards provide up to Rs 750. HDFC Bank transactions offer 8–10% cashback, capped at Rs 1,600 depending on the offer.
The iPhone 16 features a 6.1-inch Super Retina XDR OLED display with HDR10 support. Peak brightness reaches 1,600 nits outdoors, and the screen comes with a 60Hz refresh rate and oleophobic coating to reduce fingerprints. The compact display size remains subjective, as some users prefer larger screens.
Apple’s A16 Bionic chipset powers the iPhone 16. Built on TSMC’s 3nm process, the processor includes 6 cores—2 performance and 4 efficiency cores. The smartphone offers 8GB RAM and storage options of 128GB and 256GB.
The dual-camera system consists of a 48MP primary sensor and a 12MP ultrawide sensor. The front-facing camera is 12MP. The ultrawide sensor supports 2x and 5x optical zoom.
With the combination of discounts and bank offers, the iPhone 16 can be purchased for near Rs 60,000, marking it as a strong value proposition. While the iPhone 17 is launching today, it is expected to retain much of the iPhone 16’s design, including the Dynamic Island, aluminum-and-glass build, and camera configuration. Buyers looking for immediate purchase may find the iPhone 16 more cost-effective compared to the latest model.
