Overview

• The iPhone 16 base model is listed on Amazon India for Rs 73,000–73,500 with an additional Rs 4,000 instant bank discount and Rs 2,500 Amazon Pay ICICI reduction.
• Reliance Digital has slashed the 128GB iPhone 15 to Rs 57,900 from Rs 69,900 in a flat Rs 12,000 cut with no conditions attached.
• Amazon India offers the iPhone 16 Pro (128GB) at Rs 111,900 and the Pro Max (256GB) at Rs 135,900, both eligible for up to Rs 4,000 off via bank cards and exchange savings of up to Rs 73,200.
• In the US, Amazon Renewed Premium listings now price the 128GB iPhone 16 Pro at $840 and the 256GB Pro Max at $1,099, reflecting discounts of about $100–$160 below new-unit pricing.
• These mid-cycle markdowns, bank rebates and trade-in schemes serve to clear existing iPhone 15 and 16 inventory as Apple prepares for its next-generation iPhone 17 launch.