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Apple iPhone 5S is selling at Rs 1 lakh in grey market

New Delhi: Are you getting desperate to get your hands on the iPhone 5S, one of the most advanced piece of smartphone ever? Then you can buy it from grey markets like Gaffar Market in

India TV News Desk Updated on: September 25, 2013 11:07 IST
apple iphone 5s is selling at rs 1 lakh in grey market
apple iphone 5s is selling at rs 1 lakh in grey market

New Delhi: Are you getting desperate to get your hands on the iPhone 5S, one of the most advanced piece of smartphone ever? Then you can buy it from grey markets like Gaffar Market in Delhi, and Heera Panna and Alfa in Mumbai, for Rs 65,000 and Rs 1,00,000, depending on who you ask, and in which city.




The unlocked version of the 16GB iPhone 5S costs $649 (around Rs 40,000) in the US, while the iPhone 5C costs $549 (around Rs 34,000). On the other hand, iPhone 5C can be ordered on websites like eBay for around Rs 55,000.

According to dealers, there is huge demand for the champagne-coloured iPhone 5S. They say  it is selling by as much as Rs 1,08,000 through eBay. However, iPhone 5S in white or grey is cheaper.

The newly launched iPhone 5S comes with a Apple-designed A7 64-bit chip, all-new 8MP camera and Touch ID, an innovative way to simply and securely unlock your phone with just the touch of a finger. On the other hand, the iPhone 5C features a 4-inch Retina display, A6 chip, and 8MP camera. Both iPhone 5S and iPhone 5C offer more LTE bands than any other smartphone in the world and include FaceTime HD cameras.
 
As per reports, Apple has managed to clock 9 million unit sales of iPhone 5S and iPhone 5C models in their first three days on the market, making it the most successful iPhone launch ever.
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