New Delhi: If you are an Indian and you want to hold the iPhone 5 in your hand now, you need not worry! All you have to do is shell out a hefty Rs 1.15 lakh, which is a little less than the price of a Tata Nano, to become a proud owner of the handset. Surprisingly, Apple Inc’s iPhone 5 has made an unofficial debut in India. Delhites and even Mumbaikars are paying exorbitant prices for the new iPhone 5.

Read more: Apple sells more than 5 million iPhone 5

Rumors have heavily speculated that Apple would dazzle India with the launch of iPhone 5 during Diwali, which is Apple's expected deadline to have the iPhone 5 released in 100 countries and with 240 mobile carriers.

iPhone 5: Will it strike a mark?

The new iPhone has a slot for a so-called ‘nano SIM’. In the absence of mobile carriers offering such a SIM card, consumers have to cut the SIM to size and use abrasives to finely shave off the thickness of the SIM card. Experts warn that this process is fraught with the risk of ruining the SIM card.

iPhone 5 launch may be delayed in India

Seems like iPhone 5 enthusiasts are willing to paying a huge premium to own the latest iPhone before everybody else, and don't actually mind that they can't use it as a phone. They are happy to use it as a music player for the time being.

Traders in select markets in India are reporting brisk trade of unlocked iPhones two weeks after Apple Inc launched the blockbuster device. Apple registered record sales in the United States, selling 5 million units in three days. Notably, demand in India, not a key Apple market, appears to be strong this time.


Latest News  from Business News Desk