iPhone 15 sees massive price drop ahead of iPhone 16 launch

California-based tech giant Apple is set to launch its new iPhone 16 series, marking nearly a year since the iPhone 15 debuted.

Although the official release date remains undisclosed, excitement builds around the anticipated features of the upcoming devices.

Meanwhile, the iPhone 15 has made headlines again with a significant price drop in India on as part of their Month-End Mobiles Fest, running until August 26.

The 128GB version of the iPhone 15 is available on Walmart-owned Flipkart for ₹64,999, a substantial reduction from Apple’s official price of ₹79,600. This represents a direct discount of ₹14,601, with no special conditions attached.

In addition to this flat discount, Flipkart offers an exchange deal that could knock up to ₹42,100 off the price, depending on the usage and condition of the phone being traded in.

However, buyers should be aware that the actual exchange value might be less than the maximum amount advertised.

Rumors suggest that the standard iPhone 16 models will receive only minor enhancements, such as a slightly larger battery, an updated chipset, and subtle design tweaks.

With prices expected to rise for the new models, those without budget constraints may want to hold off and see what the iPhone 16 has to offer before making a purchase decision.

The price drop on the iPhone 15 presents a rare opportunity for potential buyers to acquire a flagship device at a discounted price. As the launch of the iPhone 16 series approaches, buyers must weigh their options and consider whether the minor enhancements in the new models justify the expected price increase.