iPhone 4S Pricing In India Revealed And It’s Not Cheap

iPhone 4S

Few days back, we reported that iPhone 4S was coming to India on November 25th, however we were not sure how much Apple’s new iPhone would cost in India.

Times Of India reports that the iPhone 4S pricing is out and it is not going to be cheap to buy one.

Times Of India reports:

Airtel will be selling the iPhone 4S base model (16 GB) at Rs 44,500 whereas the top-end 64 GB model will cost Rs 57,500. The 32 GB model will be sold for Rs 50,900. 

Apple will be launching the three models of iPhone 4S in India on November 25. The prices of existing models of iPhone 4 and 3GS too have been revised upwards.[..]

[..]The new, revised price for iPhone 4 (8GB) is Rs 37,900 whereas iPhone 3GS (8GB) model will be sold at Rs 20,900.

So in dollar terms, that works out to approximately $875 for the 16GB iPhone 4S, $1125 for the 64GB iPhone 4S and $1000 for 32GB iPhone 4S at today’s exchange rate.

One of the reasons for the higher prices could be due to the weakening Indian currency. According to Wall Street Journal (subscription may be required), the Indian rupee has been one of the worst performing Asian currency in 2011 and tumbled to a 32-month low against the U.S. dollar earlier today.

But despite the weaker currency, iPhone 4S pricing in India is approximately is almost $225 to $275 more than the iPhone 4S prices in the U.S.

What’s also intriguing is that the launch date for iPhone 4S has been announced by Bharti Airtel and Aircel – Apple’s iPhone carrier partners in India rather than Apple itself. TOI reports that when Apple was contacted they refused to comment about the pricing.

Interestingly, Bharti Airtel has also already started taking pre-orders for the 16 and 32 GB iPhone 4S models on its online store. It is not clear why the 64GB iPhone 4S is not available for pre-orders. Aricel is yet to starting taking pre-orders.

Though iPhone 4S appears to be very expensive in India, it must be noted that Airtel and Aircel are also expected to offer reverse subsidy plans to customers buying iPhone 4S just like they had done with iPhone 4, which means that users have to pay the full price of the iPhone 4 upfront but can recover up to 100% of your iPhone 4S cost over a period of 2 years if they stick with Aircel.

But despite the high prices, it looks like the iPhone craze has also reached the Indian stores as TOI reports that select stores in major cities will reportedly be opened at midnight on November 24, 2011. We can’t recollect something like this being done before.

We would love to find out from our readers in India, if they will be lining up to get an iPhone 4S.

Via: Times Of India