Online sources are reporting that Apple could launch their latest generation iPhone in the Indian market later this month.

Apple iPhone 5 is expected to go on sale in India from October 26 at prices similar to that of Apple iPhone 4S.

So we are looking at the three variants to sell for around Rs. 45/50/55k.

We have already seen reports that the existing iPhone editions have received a price cut.

It would be very surprising if Apple would increase the price of the iPhone with this new model.