Apple has announced the new iPhone 3GS few days back & claims that it’s 2X fater than the old iPhones & comes with 3.2MP camera capable of recording videos. With this announcement Apple also reduced the price of iPhone 3G 8GB to $99. The new iPhone 3GS 16GB & 32GB are available at $199 & $299 respectively. But the fact is that all these prices mentioned above are applicable only if you sign 2 year contract with AT & T & so applies only in US. Price of iPhone 3G S without contract are $599 & $699 respectively for 16GB & 32GB (Source: PC World).

So, as per my predictions, iPhone 3G 8GB in India might drop to around 23k to 25k from present 31k rupees. If you are dreaming about getting it for 5k, forget it!! Similarly new iPhone 3GS 16GB model might be priced around 30k to 33k rupees & 32GB model at around 35k to 38k.

This is what it’s going to be until unless Apple takes Indian market seriously. In that case Apple might reduce price of iPhone 3G 8GB to in around 15 to 20k, but I seriously doubt it! Let’s wait for the official announcements & see how good I am at predictions!! By the way, what’s your prediction?