iPhone 16 price drops again on Flipkart, gets over ₹13,000 discount: Offer details
If you are in the market for a new iPhone, the iPhone 16 is again discounted on Flipkart and is currently available for ₹69,999, but you can sweeten this deal further by combining bank offers. Here, let us tell you how to get the best possible deal on the iPhone 16 on Flipkart currently and possibly get it for around ₹66,000. Read on.
So, as we said earlier, the iPhone 16 is currently selling for ₹69,999 for the 128GB variant in all colours. Now, this is roughly a discount of ₹10,000 compared to its MRP price of ₹79,900, but there is a card offer you can avail. If you have a Flipkart Axis Bank credit card, you will be able to get a cashback of ₹3,500, which brings the net effective price down to ₹66,499.
Now, do note that Flipkart does include some additional charges, including delivery fees and packaging fees, so that is also worth keeping in mind.
You can also exchange your old phone and get up to ₹58,700, but of course, for this, your phone has to be a top-end device.
Well, it is already June, and that means there are only a few months until September. So, just July and August remain until September, and then you will get the iPhone 17 series. So, if you are not in a hurry and can hold out for a couple of months, the iPhone 17 could be worth waiting for.
But on the other hand, leaks so far have suggested that the iPhone 17 may not be all that different from the iPhone 16, barring the specification upgrades. So, a major revamp is not expected to happen, but you can, of course, look at other iPhone 17 series models like the rumoured iPhone 17 Air, as well as the iPhone 17 Pro models.
In its current state, the iPhone 16 remains a solid option with Apple Intelligence, the Apple A18 3nm chipset, and a dual-camera setup, which is not all that different from the Pro models, and in general, a compact, powerful design which will not trouble your hands if you use your phone for long hours.
MOBILE FINDER: iPhone 16e LATEST Price, Specs And More
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
4 hours ago
- Mint
Investors line up four block deals worth ₹3,480 crore on 4 June
Institutional investors have lined up four block deals worth nearly ₹ 3,500 crore on June 4, according to term sheets, as they look to take advantage of the rebound in the Indian equity market. The investors plan to sell stakes in Indegene Ltd, Tata Technologies Ltd, Alkem Laboratories Ltd and Aditya Birla Fashions Ltd, the terms reviewed by Mint show. Jayanti Sinha, part of the promoter group, is looking sell 2.9% stake in Alkem Laboratories ( ₹ 825 crore); CA Dawn Investments, vehicle for global PE firm Carlyle, is offloading 10.2% in Indegene ( ₹ 1,420 crore); TPG Rise is exiting its entire 2% in Tata Technologies ( ₹ 635 crore); and Flipkart is selling around 6% stake in Aditya Birla Fashion and Retail ( ₹ 600 crore), according to the terms. The deals are likely to be completed on 4 June 4. 'The sellers want to take advantage of the market conditions and, given the depth of the equity markets, they are confident of finding buyers,' said an investment banker involved in one of these deals. While Axis Capital is advising Sinha, Bank of America is advising TPG. Goldman Sachs is helping Flipkart and Kotak Securities and IIFL is advising Carlyle on the sale, the term sheets show. After a brief lull in the market towards the beginning of the year, investors and bankers are now seeing green shoots of activity in the equity capital markets. Ather Energy became the first company to exploit a window earlier this financial year to list on the exchanges. In just the first 15 days of May, investors executed 12 block deals worth ₹ 3,541.97 crore compared with only five deals aggregating ₹ 506.37 crore in April, Mint reported previously, citing data from Prime Database. The broader Nifty 50 closed 174 points or 0.7% lower at 24,542.50 points on Tuesday. But the benchmark index has rebounded 12.86% from its last low of 21,744 on 7 April this year. 'This (block deals) has been on account of a rebound in market sentiment and geopolitical de-escalation and supported by close to $3 billion in FII (foreign institutional investor) net inflows this quarter, along with steady DII (domestic institutional investors) participation, signaling renewed investor confidence," Gaurav Sood, managing director and head, equity capital markets at Avendus Capital, an investment banking firm, was quoted in the report. Some of the marquee block deals in May included Antfin selling 4% stake in Paytm; General Atlantic divesting 6.9% in KFin Technologies, and Singapore Telecommunications Ltd offloading 1% stake to Bharti Airtel.
&w=3840&q=100)
Business Standard
6 hours ago
- Business Standard
Flipkart may exit Aditya Birla Fashion through ₹600 crore block deal
Walmart-owned Flipkart is preparing to divest its entire 6 per cent holding in Aditya Birla Fashion & Retail Ltd (ABFRL) through a block deal valued at around ₹600 crore, according to people familiar with the matter. The transaction, if completed, would mark a full exit for the e-commerce major from the Indian fashion retailer. ABFRL operates brands such as Pantaloons, Van Heusen, and Allen Solly. The stake is held through Flipkart Investments Private Ltd, and Goldman Sachs is managing the proposed block trade, according to the sources. 'It was a pure business to business (B2B) play for Flipkart and this deal is part of the natural evolution of the business,' said a person familiar with Flipkart's thinking. In 2021, the Competition Commission of India (CCI) had approved the acquisition of 7.8 per cent minority stake in ABFRL by Flipkart Investments. In 2020, Flipkart Group and ABFRL formed a new strategic partnership aimed at enhancing the consumer fashion experience. Through an investment of ₹1,500 crore, Flipkart Investments had said it would acquire about 7.8 per cent stake in ABFRL. The companies partnered to leverage synergies in the fashion segment. Through this partnership, the Flipkart group strengthened the range of brands offered on its e-commerce platforms Flipkart and Myntra. The aim was to enhance the range of premium international and Indian brands on offer. Flipkart's technology prowess enhanced ABFRL's omni-channel capabilities. This enriched customer experience, while continuing to provide access to premium loyalty programmes and affordability constructs.
Mint
7 hours ago
- Mint
Investors line up four block deals worth ₹3,480 crore on 4 June
Institutional investors have lined up four block deals worth nearly ₹ 3,500 crore on June 4, according to term sheets, as they look to take advantage of the rebound in the Indian equity market. The investors plan to sell stakes in Indegene Ltd, Tata Technologies Ltd, Alkem Laboratories Ltd and Aditya Birla Fashions Ltd, the terms reviewed by Mint show. Jayanti Sinha, part of the promoter group, is looking sell 2.9% stake in Alkem Laboratories ( ₹ 825 crore); CA Dawn Investments, vehicle for global PE firm Carlyle, is offloading 10.2% in Indegene ( ₹ 1,420 crore); TPG Rise is exiting its entire 2% in Tata Technologies ( ₹ 635 crore); and Flipkart is selling around 6% stake in Aditya Birla Fashion and Retail ( ₹ 600 crore), according to the terms. The deals are likely to be completed on 4 June 4. 'The sellers want to take advantage of the market conditions and, given the depth of the equity markets, they are confident of finding buyers,' said an investment banker involved in one of these deals. While Axis Capital is advising Sinha, Bank of America is advising TPG. Goldman Sachs is helping Flipkart and Kotak Securities and IIFL is advising Carlyle on the sale, the term sheets show. After a brief lull in the market towards the beginning of the year, investors and bankers are now seeing green shoots of activity in the equity capital markets. Ather Energy became the first company to exploit a window earlier this financial year to list on the exchanges. In just the first 15 days of May, investors executed 12 block deals worth ₹ 3,541.97 crore compared with only five deals aggregating ₹ 506.37 crore in April, Mint reported previously, citing data from Prime Database. The broader Nifty 50 closed 174 points or 0.7% lower at 24,542.50 points on Tuesday. But the benchmark index has rebounded 12.86% from its last low of 21,744 on 7 April this year. 'This (block deals) has been on account of a rebound in market sentiment and geopolitical de-escalation and supported by close to $3 billion in FII (foreign institutional investor) net inflows this quarter, along with steady DII (domestic institutional investors) participation, signaling renewed investor confidence," Gaurav Sood, managing director and head, equity capital markets at Avendus Capital, an investment banking firm, was quoted in the report. Some of the marquee block deals in May included Antfin selling 4% stake in Paytm; General Atlantic divesting 6.9% in KFin Technologies, and Singapore Telecommunications Ltd offloading 1% stake to Bharti Airtel. The expiry of lock-in periods for recently listed companies is expected to push more block trades into the market. Large investors may now look to encash stakes in startups and tech companies listed in 2023.
