I personally dont think this is a steep decrease but its a good start . And this was bound to happen, how can you expect people to buy iPhone at such absurd prices. Atleast Vodafone is taking some steps to make it affordable to normal masses. After reducing the price the 8GB version will cost around Rs 29,000 and the 16 GB version will sell for Rs 34,000. Lets how Airtel reacts to this.
http://iphone3g-india.com/vodfone-reduces-the-price-of-iphone/
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