IPhone 6s, 6s Plus is now available for pre-order in more than Rs 1 lakh on the gray market: Reports

Apple announced its latest flagship smartphone - the iPhone and iPhone 6s 6s Plus, on September 9. India was not on the initial list of countries to get the device. Nor have published the official release dates for India.

However, it is estimated that Apple could launch the iPhone and iPhone 6s 6s Plus for Diwali to take advantage of the holiday season in India. Seizing the opportunity, the gray market in India has started taking pre-orders.

According to a report in the Economic Times, the owner of a mobile store Heera Panna Market in Mumbai said the price of the iPhone 6s and 6s Plus will be around Rs 1 lakh. Although it seems an astronomical sum for a smartphone, the gray market would be able to impose price only for the short duration between the deployment of US and launch in India.

The report adds that the iPhone 6s sold at an average selling price between Rs 70,000 and Rs 80,000. 6s iPhone Plus would be selling at an average price between Rs 80,000 and Rs 90,000. Gold Edition Rose device appears to reach an additional premium of Rs 10,000 to Rs 15,000.

If you believe that a large sum, note that prices rise even higher in the gray market in China. According to a report in the South China Morning Post, "The sale price for a 16 GB iPhone 6S (as expected that the new model to be called) is between 8,900 and 9,250 yuan (US $ 1.300 to 1.450) while prices for larger screen 6S 128 GB iPhone Plus ran as high as 21,000 yuan (US $ 3,300). "$ 3,300 to about Rs 2,20,000 works!

TheNational recent reports that would hit the gray market iPhones UAE within 2 weeks. Quoting a retailer in Abu Dhabi, the report says: "People have been asking when we sell the iPhone 6S for at least the last 10 days I hope you get a day or two after it becomes available in the UK. and the US ".

The report adds that last year the iPhone 6 and 6 Plus sold for a premium of more than 1,000 dirhams (Rs 18,000) on the price of retail.

Although reports emerge premium smartphones continue to witness a dip in sales, soaring prices commanded by these devices in the unregulated market suggests the high level of interest in them.