Apple's iPhone 16 is now being sold at a reduced price in India, with the base model costing Rs 48,650 on Flipkart after discounts and exchange offers

This is the first time the company is selling the iPhone Pro series at lower price than the previous version mainly on account of import duty cut in the recent budget.

Days after its highly viewed unveiling, the iPhone 16 series hit stores in India and other countries on September 20, with reports suggesting that customers are queuing up at Apple’s retail locations in Mumbai and Delhi to purchase the latest models of the tech giant’s flagship smartphone.