As the tech world anticipates the release of the iPhone 17 series, the prices of older models, particularly the iPhone 16, are beginning to see significant drops in India. This presents a compelling opportunity for consumers looking to upgrade their devices without breaking the bank.

Several online retailers and authorized resellers are offering substantial discounts on the iPhone 16. For instance, Amazon is offering the iPhone 16 at a discounted price of Rs 72,499, a flat discount of Rs 7,401 from its launch price of Rs 79,900. Further reductions are available through bank offers, such as an additional Rs 4,000 off on EMI transactions with ICICI, HDFC, and Axis Bank credit cards. Exchange programs can further reduce the price, making it an opportune time to consider upgrading.

Flipkart is also offering the iPhone 16 (128 GB, Teal) for as low as Rs 47,975, combining a flat discount with exchange offers and bank promotions. Similarly, Vijay Sales is providing a flat discount of Rs 8,710, bringing the price down to Rs 71,190, along with additional bank discounts. For those eyeing the high-end iPhone 16 Pro Max, Vijay Sales offers a discount of over Rs 18,400, reducing the price from its launch price of Rs 1,44,900 to Rs 1,30,990, with an additional Rs 4,500 off on HDFC Bank transactions.

Meanwhile, the rumor mill is churning with details about the upcoming iPhone 17 series. The iPhone 17 Air is expected to be the thinnest iPhone to date, measuring just 5.5mm at its thinnest point. This model might feature either an A19 chip or a slightly modified A19 Pro chip and is expected to have 12GB of RAM. However, to achieve this thin design, compromises might be made in battery life, with rumors suggesting a 2,800mAh battery, smaller than that of the iPhone 16 Plus.

The iPhone 17 Pro models are also expected to bring significant upgrades. Rumors suggest a new design with a rectangular camera bump and a possible switch from titanium to an aluminum frame. These models are likely to feature the A19 Pro chip, built on a next-generation 3nm process, and may include vapor chamber cooling to improve thermal performance. The iPhone 17 Pro is also rumored to feature an anti-reflective display option and a redesigned antenna system for improved connectivity. Camera upgrades are also anticipated, including a 24MP front-facing camera and a 48MP telephoto lens. The iPhone 17 Pro Max might also feature a larger battery.