Don't buy Apple iPhone SE now, buy it after a month

Apple has launched the iPhone SE in India at a rather lofty price of Rs 39,000. As many will remember, when Apple originally announced the price of the iPhone SE, the press release sent to journalists said that it will cost Rs 30,000 for the 16GB version of the phone, only to be corrected a couple of hours later.

“Apple imported many iPhone 5S units in Q4 of 2015,” said Sanchit Vir Gogia, the chief analyst and CEO at Greyhound Research. “It is likely that Apple hasn’t yet finished this stock of the iPhone 5S in India and it is waiting to get rid of inventory before moving to fix the price of the iPhone SE.”

“But Apple could reduce the price of the iPhone SE in the next couple of months,” said Gogia.

Source: India Today

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