For consumers seeking a new iPhone without a substantial budget, the iPhone 16 currently represents the most viable choice, though its price has increased significantly. While it lacks the high refresh rate display found on the iPhone 17, the iPhone 16 still offers sufficient processing power for everyday tasks.
Price Increases
TelecomTalk reported on September 15, 2026, that the iPhone 16 with 128GB of storage was available on Flipkart for Rs 51,999, representing the lowest price recorded for the device at that time. However, just one year later, on September 16, 2026, the same 128GB variant now costs Rs 69,900 on the same platform – a price increase of Rs 18,000.
Current pricing, as of September 16, 2026, is as follows:
- 128GB variant: Rs 69,900
- 256GB variant: Rs 79,900
- 512GB variant: Currently out of stock
Flipkart is offering a cashback of Rs 3,495 for customers using Axis Bank and SBI Bank cards, but this discount doesn’t substantially lower the overall cost.
Still a Contender?
The iPhone 16 continues to offer a capable camera system suitable for content creators and is available in a variety of colours. Demand for older iPhone models typically rises with the launch of new devices, as consumers anticipate price reductions. However, the iPhone 16’s price increase, mirroring similar trends across other brands, is attributed to a global chip shortage impacting component costs and logistics, according to the report.
Whether the iPhone 16 represents good value depends on individual needs. While suitable for creators, its increased price may make it less appealing for basic use and average mobile work.
