The iPhone 15 has been around for a year and as we approach its anniversary, we are seeing a significantly lower price than its original launch price. Flipkart is currently selling the latest iPhone 15 128GB variant for Rs 65,249, which is a discount of Rs 14,651 from the launch price. But that’s not all—there are also bank offers and exchange deals that can bring down the price further, making it a great deal on Apple’s iPhone.

Apple launched the iPhone 15 last year at a starting price of Rs 79,900. However, as the company prepares to launch the next generation of iPhones, the iPhone 15 is now available for Rs 79,600. On Flipkart, you can buy the iPhone 15 for just Rs 65,249. Moreover, if you are a Flipkart Axis Bank credit card holder, you can get an additional discount of Rs 3,263, bringing the price down to Rs 61,986. There is also an exchange offer where you can get up to Rs 42,100 off by exchanging your old phone, although the actual exchange value depends on the age and condition of your device.

When it comes to specs, the iPhone 15 is undoubtedly a solid smartphone, with impressive features like a 48-megapixel primary camera and the powerful A16 Bionic chipset. However, it might make sense to wait for the iPhone 16. Not only can you take advantage of the latest technology and features, but you can get the iPhone 15 at an even lower price once the new model launches. So, unless you need a new phone right away, it might be a better decision to hold off on the purchase.

Why you should wait for the iPhone 16

Apple is known for its September launch events, and although the exact release date of the iPhone 16 hasn’t been announced, it is expected to be unveiled around September 10. As per Apple’s tradition, once a new generation of iPhone is released, the previous generation usually sees a drop in price. This means that in a matter of weeks, the iPhone 15 could be available for even less than what it’s being offered for on Flipkart today. Also, buying a new iPhone just before the new model launches could lead to buyer’s remorse, especially when the latest features and improvements come out.

While the iPhone 15 is likely to be heavily discounted, if you’re considering buying the latest iPhone, rumours suggest the iPhone 16 will come with several major upgrades. The Pro models are expected to have bigger screens, a dedicated camera button, and an upgraded 5x telephoto camera on the iPhone 16 Pro. These features could make the iPhone 16 a more attractive option for those investing in a new phone.

The iPhone 16 is also likely to come with the A18 or A18 Pro chip, which promises better performance and efficiency than the A16 Bionic chip in the iPhone 15. For photography enthusiasts, the alleged camera upgrade could be a game-changer, especially with new features like the tetraprism camera expected on the Pro model.