The price of new IPhone as suggested by Vodafone and Airtel is Rs 31000 for a 8GB model and Rs 36000 GB for a 16GB Model. The iPhone in the US is for $200 (nearly Rs8100). What’s even more surprising is that Vodafone is actually asking you to book the iPhone by paying Rs 10,000 (nearly $2500) as advance. There is a huge demand for iPhone but I am not sure how successful the iPhone would be if the prices do not come down. One of the major reasons for such a huge popularity of iPhone 3G was that the price in the US was almost slashed by half, thus making it affordable to the common mass. In India, how many people would be ready to shell out Rs. 31000 for an iPhone, not many? In fact Vodafone would have been much better of having a longer subscription and reducing the prices. Also local vendors in » Read more: Latest Price of An iPhone in India