Grey Market in iPhone 5S Launched .
The iPhone 5C is difficult to find as dealers in these grey markets say
that there is no demand for it, but it can be bought on websites like eBay for
around Rs 55,000. The devices are factory-unlocked, which means you don’t get
official warranty. 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).
“There is a huge demand for the champagne-coloured iPhone 5S. I just
sold a piece with 16GB storage to a person in Patna for Rs 1,08,000 through eBay,” said a
Delhi-based dealer, on the condition of anonymity. He added that he had one
more unit of the same colour, “but it is the 64GB model and is at an asking
price of Rs 1,70,000”. “iPhone 5S in white or space grey is cheaper. I can give
you the 64GB model for Rs 1,30,000,” he said.
The rates outside Delhi
are less, but not by much. A Hyderabad-based phone dealer, who also maintains
an e-commerce website called Lets-Go-Digital, said that he was selling 16GB
iPhone 5S in the coveted gold colour at Rs 1,05,000. The iPhone 5S in grey was
available at Rs 77,000.
In Mumbai, Manish Khatri, who has a phone store, but doesn’t sell phones
without an official warranty, said the price of iPhone 5S is between Rs 65,000
and Rs 75,000 for the 16GB model in the city’s grey market. However, the
gold-coloured device costs around Rs 85,000. If you cannot spend this kind of
money on a phone and yet want an iPhone, your only option is to wait.
SELLING
LIKE HOT CAKES
Basic
model of the iPhone 5S is available between 65,000-1,00,000 in grey market
iPhone 5C
is difficult to find in grey markets, but it can be bought on websites like
eBay for around Rs 55,000
The
gold-coloured iPhone 5S model is the most sought after. “There is a huge demand
for the champagne colour iPhone 5S. I just sold a piece with 16GB storage to a
person in Patna for 1,08,000 through eBay,” said
a Delhi based
dealer
The
devices are factory unlocked, which means you don’t get official warranty
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