Apple Cuts iPad 2 Price in India; Now Available for Rs 24,500

Apple slashed its iPad 2 prices in India and worldwide on Wednesday, March 7, 2012 following the launch of a new third-generation, 4G-ready tablet.

In India, the 16 GB base model of the iPad 2 that works only on Wi-Fi is now priced at Rs 24,500, down from Rs 29,500 earlier.

The new iPad was introduced by Apple Chief Executive Tim Cook in San Francisco on Wednesday and will hit store shelves next week in several countries. The company said it will continue to sell the iPad 2 but dropped its price by $100 in the U.S.

A company spokesman said the price cut will be across the board for all iPad 2 models in India.

There was no information on when the new 4G-ready iPad will be available in India.