In a bid to increase its market share in India, Apple is reportedly set to relaunch the 8GB version of its old iPhone, the iPhone 4, in the Indian market.
The Cupertino giant is planning to price the phone at Rs 22,000 if a new report by TechCrunch is to be believed.
Just a few days back, the Economic Times reported that the iPhone 4 8GB version is likely to be priced around Rs 15,000 through buyback and EMI schemes.
However, the new report cites reliable sources as saying that Apple is unlikely to sell the iPhone at that low a price.
It cites the same source to report that Apple is planning to sell the 8GB iPhone 4 models in India for around Rs 22,000. The phone was previously priced at Rs 26,500, when it was launched.
It is worth pointing out that the TechCrunch report also mentions that Apple India could offer a cheaper price for the iPhone 4 through buybacks and EMI schemes. So it is possible that the smartphone's starting price reaches the Rs 15,000 point after that.
The iPhone 4 was launched in 2010 and sports a 3.5-inch Retina display. It is powered by the Apple A4 chip and is capable of running iOS 7, though it doesn't support all its features.