The iPhone 16 is seeing significant price cuts ahead of the iPhone 17 launch on September 9. The base model with 128GB storage is discounted to Rs 69,999 on Amazon, with additional savings through No Cost EMI options and exchange discounts. Flipkart is offering a 10% discount, with additional savings through bank partnerships and exchange discounts reaching up to Rs 61,700. The iPhone 16 Pro is also seeing a record price cut on Flipkart, with a discount of up to Rs 8,501 and exchange discounts of up to Rs 46,550.
As Apple gears up to unveil the highly anticipated iPhone 17 series at its upcoming event on September 9, the iPhone 16 is witnessing significant price cuts across major e-commerce platforms. These discounts are designed to attract buyers and clear out inventory ahead of the new model's release.
The iPhone 16 base model with 128GB storage, originally priced at Rs 79,900, is currently available for Rs 69,999 on Amazon, representing a 12% discount [1]. Amazon is also offering No Cost EMI options with savings up to Rs 3,000 on EMI interest through Amazon Pay ICICI bank credit cards. Additionally, customers can avail an exchange discount of up to Rs 36,050, potentially bringing the price down to under Rs 40,000 [1].
Flipkart is offering the iPhone 16 with a 10% discount, bringing the price to Rs 71,399. The platform is also providing multiple deals, including a 5% cashback with Flipkart Axis Bank and SBI credit cards (up to Rs 4,000), and Axis Bank debit card (up to Rs 750). HDFC Bank users can get 8 to 10% cashbacks (up to Rs 1,600/Rs 1,500) on credit, debit, and EMI transactions, along with extra flat discounts of Rs 500 on select EMIs. Flipkart is also offering an exchange discount of up to Rs 61,700 [1].
The iPhone 16 Pro, launched at a starting price of Rs 1,19,900, is now available for as low as Rs 1,05,900 on Flipkart, thanks to a discount of Rs 14,000 [2]. Customers can further reduce the price by using a Flipkart Axis Bank or Flipkart SBI credit card, which offers an additional discount of up to Rs 4,000, bringing the price down to Rs 1,01,900. The iPhone 16 Pro also offers an exchange discount of up to Rs 46,550, depending on the condition of the traded-in device [2].
These price drops are a strategic move by Apple to clear inventory and attract potential buyers for the upcoming iPhone 17 series. The iPhone 17 is expected to introduce a new design, improved cameras, and other enhancements [3, 4]. The iPhone 17 series is rumored to include a 6.3-inch 120Hz display for the standard model and a rectangular camera bar for the Pro models, along with other features such as a 48MP ultrawide camera and a 24MP TrueDepth camera on the front [3, 4].
Apple's September event is set to take place at the company's Apple Park campus in Cupertino, California, and is expected to be a significant moment for the tech giant, as it often serves as a launchpad for new products and innovations [3, 4]. The event will also likely see the unveiling of new Apple Watch and AirPods models, marking the start of a three-year redesign cycle for the iPhone, culminating in a foldable iPhone in 2026 [4].
References:
[1] https://indianexpress.com/article/technology/iphone-16-price-drop-ahead-of-iphone-17-10218482/
[2] https://www.republicworld.com/tech/iphone-16-pro-drops-to-lowest-price-ahead-of-iphone-17-pro-launch
[3] https://www.cnn.com/2025/08/26/tech/apples-iphone-17-launch-september-9-what-to-expect
[4] https://www.businesstoday.in/amp/technology/news/story/apple-event-set-for-september-9-iphone-17-lineup-rumoured-iphone-air-and-more-what-to-expect-491320-2025-08-28
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