Smartphones worth 1 lakh sold in minutes!

New Delhi, Oct 28: With Apple releasing its new devices, the crowd cannot possibly keep calm or have a hold to their excitement. Apple'ew new iPhone X which is priced at about a lakh of rupees was reportedly sold out within just a few minutes of its release for pre-orders on e-commerce websites at noon on Friday.

The phone was available on Flipkart and Amazon, with 64 GB at Rs 89,000 and 256GB at Rs 1,02,000. The device was available online with bank cashback offers with exchange offers, holding a discount of Rs 30,000- Rs 35,000. Not only this, Amazon was giving 70 percent buyback guarantee on iPhone X for buyers with a Reliance Jio connection and Flipkart, on the other hand, offered a buyback up to Rs 52,000.

An Amazon spokesperson told TOI in a statement, "Apple iPhone X went on pre-order on today. Within a few minutes of the pre-orders, the smartphone went out of stock as customers grabbed these smartphones."