Apple unlikely to cut iPhone 6, 6 Plus prices after new launches

But, this doesn't seem to bring any changes in the pricing of the iPhone 6 and 6 Plus models in India as they are not retailing at the MRP but at a much lower price.

Currently, the iPhone 6 16 GB variant is retailing between Rs 43,000 to Rs 45,000, whereas the 64GB can be purchased for anywhere between Rs 53,000 to Rs 55,000. The revised MRP of the iPhone owning to the fluctuating currency exchange rate is Rs 56,000 for 16GB iPhone 6 and Rs 65,000 for 64GB iPhone 6.

iPhone 6 Plus 16 GB is available anywhere between Rs 53,000 to Rs 55,000 whereas the MRP is Rs 65,000. The 64 GB storage variant is priced at around Rs 60,000, while the MRP on the box is Rs 74,000.

Manish Khatri, of Mahesh Telecom, states, "This iPhones are already selling at a low price compared to the MRP in general trade. And looking at the past few years, there won't be much impact on the pricing of the iPhone 6 and 6 Plus initially. The MRP may get reduced or the company my launch a buyback scheme."

The effective prices at which the iPhones are selling are likely to continue to remain the same. And there won't be any significant boost in the sales if there isn't any further price drop. At the maximum, in terms of schemes, the price can only come down by another grand or two.

"Currently, in Mumbai, offline retailers are struggling to source the stock from other sources as the authorised distributor is not billing the iPhone since last two months. Shopkeepers are buying phones from online or from getting the stocks from other states," says a shopkeeper based out of Heera Panna market in Mumbai, on the basis of anonymity.

There is update on the price drop of the iPhone 6 and iPhone 6 Plus from Apple at the time of filing this story (12:00 am).