iPhone 16 Now Available With Big Offer And Discounts: Buy Or Wait For iPhone17?
iPhone 16 is undoubtedly a popular choice among buyers and latest industry figures tell you the formula that works so well for Apple. The new iPhone 17 series launch is just a few weeks away, and some of you will be eyeing the new models, while a few would consider getting themselves a good bargain on last year's iPhone.
The Apple AI delays mean buying any iPhone after the 15 Pro version makes you future-proof for its Siri AI and other upgrades but does buying the iPhone 16, albeit at discounted price, make sense when the iPhone 17 is just around the corner?
iPhone 16 Offers In India: Buy Or Wait?
People generally tend to prefer the new shiny toys but all signs this year indicate that Apple will have to increase the iPhone 17 prices when it launches next month. There are multiple factors involved in this equation.
The biggest one is the impact of the US President Trump tariffs that will have a bearing on Apple's own production and supply ecosystem and the possible range of upgrades that Apple is likely to bring with the new models, as suggested by numerous leaks.
The company is widely tipped to bring a periscope telephoto lens with the iPhone 17 Pro models, while the regular iPhone 17 lineup could be rejigged with the Air coming in place of the Plus model. Talking about the iPhone 16, you are going to see a wide range of discounts and deals being offered across platforms in the next few months.
This will be done to clear up the iPhone 16 stocks to replace them with the new iPhone 17 units but also because the price margins with the older models will be less, giving them more incentive to sell them at lower-than-usual prices. We're seeing deals where the iPhone 16 is available with discounts as much as Rs 31,000 with some platforms.
People still using the iPhone X or even 11 or 12 versions can easily make the jump and see their upgrades deliver impressive value. You would have paid well over Rs 75,000 for the iPhone 16 last year but now, you can switch from your new-looking iPhone 12 and upgrade to the 2024 iPhone model for just around Rs 50,000 (exchange discount included) that makes it a solid deal for most of you.
And in case you still own an iPhone 14 version, that discount appeal goes up further, giving you Rs 30,000 extra in the pocket to buy the iPhone 16 version.
iPhone 16 Specifications: Make It Sense
You get a handy 6.1-inch Super Retina OLED display and the device weighs 170 grams with its glass body that makes it easy to use. It is powered by the A18 chipset with 8GB RAM and offered with up to 512GB storage. It has a dual 48MP + 12MP camera setup along with a 12MP FaceTime camera on the front. Apple will offer its AI features when it rolls out in 2026 and you get it with 25W wired charging support.
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Kansas City Fed President Jeff Schmid, a voting member of the rate-setting committee this year, argued in a speech last week that the effect of tariffs on inflation had been limited, in part, because the Fed hadn't eased rates prematurely. He said he expected the uncertainty of its impact on prices would last months. Powell's job is to forge consensus from these competing views and, when needed, guide it in his preferred direction. The path there may be emerging from the economic data itself. The July jobs report provided clearer evidence of labor market softness—potentially giving Powell rationale for a rate cut next month. The labor market 'is not bad right now," San Francisco Fed President Mary Daly said. 'But you know that the direction of change is going the wrong way." She also said tariffs aren't passing through to higher prices as much as some forecasters feared, reducing the risk of a big shock. Minneapolis Fed President Neel Kashkari said the Fed might have to cut rates now to support the labor market and leave open the prospect of reversing those moves if inflation resurges. 'I don't love that path," he said, 'but that might be the best of a limited set of options." Others are undecided. St. Louis Fed President Alberto Musalem and Chicago Fed President Austan Goolsbee flagged an unexpected rise last month in prices for services, which would suggest holding rates steady. Yet Musalem also pointed to slower economic growth, which could favor a future rate cut. Trump's challenge is that Fed independence runs deeper than any single leader. Even if Powell is replaced by someone more sympathetic to the White House next spring, there may still be officials worried about inflation and impervious to political pressure. Powell has served as a shield for some colleagues. 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Fed Chair Jerome Powell arriving for a Federal Reserve Board meeting last month in Washington. Since the governors are appointed by the president, there are nervous conversations about the possibility of the White House seating a future board dominated by Trump appointees, who would threaten to block reappointments of Fed presidents before March or remove them after they are reappointed. A Trump administration official alleged Wednesday that Cook, a Fed governor appointed by Biden, might have committed mortgage fraud by applying for loans on two properties she each identified as her primary residence. Trump selected one of his economic advisers to fill the seat of a Fed governor who resigned unexpectedly this month. If another governor leaves early, the president could install an ally and give his appointees a majority on the board. 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Write to Nick Timiraos at
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Trump's trade victims are shrugging off his attacks
The 'Trump Round" of trade negotiations, as Jamieson Greer, America's trade representative, calls it, was meant to reassert American primacy. Peter Navarro, a longtime adviser to Donald Trump, even suggested that the president deserved a Nobel prize in economics for showing how the world's biggest market can bend global commerce to its will. The White House's bet is that dismantling the old order, once policed—however fitfully—by the World Trade Organisation, will usher in a new one with America at its centre. Yet by acting as if America remains the axis of world trade, Mr Trump may be accelerating its shift elsewhere. The world's biggest market is less central in global trade today than it once was. At the start of the century, America accounted for a fifth of global imports; today it makes up just an eighth. Even as countries strike tariff deals with Mr Trump to secure market access, they are drawing up alternatives. As one South Korean official puts it, 'The first step is to make concessions to America. The second is to look elsewhere." Around the world, governments are hedging against the end of the old economic order in different ways. Some are propping up local firms with subsidies and protectionism. Others are seeking new markets. And the boldest are forging alliances to counterbalance America's clout. The choice for many is not between deference to Washington or a Hobbesian state of nature, but between short-term fixes and longer-term alternatives. Given Mr Trump's predilection for levies and the tendency for taxes to outlast their creator, handouts to trade-war victims risk wasting money and distorting markets. Brazil has unveiled a $6bn credit package, which includes tax holidays and state-purchasing guarantees. With public finances already strained, the plan spooked investors. Canada has taken a similar approach, pledging nearly $1bn to support its lumber industry. South Africa's trade ministry has proposed policies to let exporters co-ordinate on shipping costs and jointly build infrastructure, even if that means skirting antitrust rules. Others are reaching for blunter tools. Canada and Japan are slapping new levies on metal imports. Meanwhile, India is doubling down on its 'Made in India" campaign. On August 15th Narendra Modi, the country's prime minister, extolled self-reliance in everything from energy to fighter jets. 'If we continue to be vocal for local, we will achieve prosperity," he declared. Although so far there has not been much retaliation against Mr Trump, the risk is that copycat protectionism multiplies, raising costs for everyone. Global is noble More promising is the search for new markets. From Asia to Africa, governments are nudging companies abroad with export funds and incentives. Singapore and South Korea, for instance, are bankrolling small firms to scout out opportunities in South Asia, the Middle East and Mexico. Some are already redirecting trade. South African farmers are sending more produce to China and pushing the EU to relax its citrus-health rules. Lesotho's garment-makers—once geared to American firms like Gap and Levi's—are turning to regional buyers and testing demand in Asia. Brazil's coffee exporters, hit with a 50% American tariff, are stepping up shipments to North Africa and the Middle East, where sales volumes rose by three-fifths last year. Yet even with such diversification, replacing America, still the destination for 16% of Brazil's beans, will take time. Most consequential are the new alliances. Canada and Mexico, America's two neighbours and partners in the US-Mexico-Canada Agreement (USMCA) are edging closer as America becomes less reliable. Next month Mark Carney, Canada's prime minister, will visit Mexico, where he is set to discuss supply-chain resilience, port-to-port trade and joint ventures in energy and artificial intelligence. With the USMCA trade pact up for review next year, the two countries are hoping to create leverage they can use against Mr Trump. Many of the BRICS countries—a club of 11 emerging economies including Brazil, China, India, Russia and South Africa—have been targets of Mr Trump's ire, most recently with his levies of 50% on Brazil and India. In response, Brazil's president, Luiz Inácio Lula da Silva (known as Lula), has worked the phones to rally allies. On August 7th he and Mr Modi discussed closer ties, including digital-payments links that could chip away at the dominance of American banks. Four days later Lula spoke with Xi Jinping, China's leader, about deepening trade, after which Mr Xi declared relations with Brazil to be 'at their best in history". When it comes to trade, the bloc is hardly beholden to America. Uncle Sam buys only a sixth of Indian goods and a seventh of Brazilian exports, the latter down from a quarter two decades ago. As a group, the BRICS members now trade more goods with one another than with America and the gap is widening. Integration is accelerating after Mr Trump's tariffs. Over a dozen countries, including Thailand and Vietnam, have sought partner-country status or applied to join. The biggest winner from the new alliances may be China. Its exports to the global south have doubled since 2015—and it sells more to South and South-East Asia, Latin America and the Middle East than to America and western Europe. In July, even as exports to America collapsed, its overall exports grew by 7% from a year earlier. Mr Trump's tariffs have deepened these links. In June Mr Xi pledged to scrap nearly all duties on imports from Africa, and he is attending summits with Latin American and South-East Asian leaders. China and the Association of South-East Asian Nations—home to a quarter of the world's people and a fifth of its GDP—are revamping their free-trade deal, due to be ratified by the year's end. Relations with India, meanwhile, are thawing. Indian firms are exploring joint projects with Chinese counterparts in electric vehicles and batteries; this month Mr Modi is expected to visit China for the first time in seven years. Mr Trump wanted America at the centre of world trade. Things are not going to plan.
