The price reduction is to the tune of Rs 2,000.
"We have reduced the prices of iPhone 4 and 4S, which is in line with our pricing strategy internationally," an Apple spokesperson told 'The Mobile Indian'.
Asked about whether this is a clearance sale spokesperson said, "This is our product line and we will continue to sell the iPhone 4, iPhone 4S and iPhone 5 whenever that is launched. Only iPhone 3GS has been discontinued."
While the online retailers like Saholic are already selling the phones at reduced prices, the offline retailers are likely to start offering the new prices in 2-3 days.
Apple spokesperson also told The Mobile Indian, "Apple has appointed Ingram Micro as a retailer for large format retailers and Redington, for distributing through regional channels, for our iPhone business."
This is the first time that Apple will launch its latest devices in India in less than a month after launching them globally.
This is not for the first time fake or copycats Apple stores have cropped up in China.
Many iPhone users have complained of crashes and even loss of data while trying to install the new iOS 9.
Here's a detailed account of what we had expected and what Apple has announced last night.
The specs of almost all the new Apple products seem to be in line with the leaks and speculations that were circulating in the online world.
As per reports, Apple may launch two high end iPhone models along with a bigger iPad and a new iPhone 5C variant.
Apple is widely believed to launch two new iPhone models along with an iPad model at the event.
Evan Blass of @evleaks has claimed that along with iPhone 6s and iPhone 6s Plus, Apple may also launch a cheaper model called iPhone 6c.
As per reports, the new iPhone model will look just like the existing iPhone 6 but will have better features.
The Apple Music app will be available starting on June 30 in over 100 countries while the iOS 9 is said to be released for general users in September.