Apple iPhone 16 Plus Slashed by Over ₹22,000-is this the Best Value iPhone Deal Ever?

Apple iPhone 16 Plus, the flagship plus-sized variant of the Apple iPhone 16 series is reportedly being offered at deep discounts in India(BHARAT). The 128 GB model of the phone was priced at an official retail price of ₹89,900 at launch, but sources say it is now available for as low as ₹67,900 (inclusive of bank-or-exchange offers) at some retail stores. The iPhone 16 Plus is believed to have also been sold for ₹78,999 during a sale, according to one report.

So why is the iPhone 16 Plus getting such big discounts in India(BHARAT)? There could be several factors at play here.

The upcoming launch of next-gen iPhone’s like the iPhone 17: As seen in past product cycles, when the next major flagship device is near-launching, the first move is always to liquidate existing inventories of the current-gen models, by all means possible. This dynamic is now playing out in the case of iPhone 16 Plus.
Apple’s margin adjustment playbook: It’s also typical for Apple to hike and lower margins (margin = selling price minus cost price) faster on devices with certain characteristics. One example is phones sporting the “Plus” moniker on the model name, referring to larger, longer-lasting devices.
EMI schemes, heavy bank-card offers and exchange benefits, all pushing the effective price lower in India(BHARAT).

The discounts, while a boon for shoppers are not arbitrary rather indicative of a broader product cycle and market forces in play.

iPhone 16 Plus specifications and features

The iPhone 16 Plus despite being available at heavy discounts still offers flagship-spec hardware:

1. 6.7-inch Super Retina XDR OLED display

2. Powered by Apple A18 chip

3. Dual-camera system with 48 MP main sensor, and 12 MP ultra-wide camera

4. A large battery that can last up to 27 hours of video playback (claimed)

5. Dust/water resistant with IP68 rating, aluminium build

These specs are a great value for the money compared to competing Android flagships. It is the price cut, more than anything, that is driving the good value proposition.

Buy or wait?

If you are in the market for a large-screen iPhone and this discounted price tag is within your budget, then the iPhone 16 Plus is a very attractive deal at this price range, especially at ₹65,000-₹70,000 or less with bank/exchange offers applied.

If you are a tech enthusiast looking for the latest features and don’t mind a slightly smaller screen, you could wait for the next iPhone launch.

Availability and Colorway/Variants

Availability and colorway/variants may differ once the deep discounts have started appearing. Some variants or colors may no longer be available, and storage options may have been de-listed. Therefore, if you do find the iPhone 16 Plus at the right discounted price, it may be time to jump on it.