After the recent revelation of the price of the iPhone 5 in the grey market, its prices have gone down, according to our sources. Apple’s latest offering was originally priced at Rs 1 lakh for the 64 GB model. The newer prices of the iPhone 5 are: Rs 62,000 for the 16 GB version, Rs 77,500 for the 32 GB version, and Rs 92,500 for the 64 GB version. Our sources state that these prices are variable and will change everyday.

Earlier this week, some stores in the grey market had announced their pricing for Apple’s latest smartphone, and the prices are as high as Apple’s other devices. The 16 GB version was available in the grey market for approximately Rs 76,000, the 32GB version for Rs 85,000, and the 64GB version of the iPhone 5 is available at Rs 1,00,000.

Apple iPhone 5 pre-order stock over

Grey market prices for the iPhone 5 are constantly changing

According to an earlier report, the iPhone 5 is easier to repair than its older siblings – the iPhone 4 and the iPhone 4S. As per a guide published by iFixit, the biggest issues with manually repairing an iPhone 5 are Apple’s proprietary screws used to keep the device together, and many intricate parts located near the dock that make fixing individual parts dicey. All things considered, the iPhone 5’s front-to-back construction makes accessing the insides of the device very easy, as the screen is the first thing to come out when disassembling the phone.

It was recently revealed that the iPhone 5 runs on a triple-core GPU. The device runs on a custom-made dual-core ARM processor that runs at a clock speed of 1GHz. The GPU uses a triple-core with a higher clock speed, so that the phone can achieve double the graphical capabilities of the A5 processor. The processor is most likely a PowerVR SGX 543MP3. The A5 processor that powers the iPhone 4S, iPad 2 and the fifth generation iPod Touch had a PowerVR SGX 543MP2 GPU.

On the software side of things, the iPhone 5 was recently jailbroken by developer Grant Paul, a.k.a., Chpwn. Paul had recently tweeted a screenshot of an iPhone 5 with the Cydia app installed. The Cydia app is its own app store that allows users to buy and download apps. These apps would otherwise not be hosted on Apple's own App Store, as many of the apps require permission to use the root features of the device — permissions which aren't possible to give with a device that hasn't been jailbroken.

Here is a quick look at the highlighted features of the iPhone 5:

  • 4-inch, 326ppi Retina display at 1136 x 640 pixels
  • GPS
  • Bluetooth
  • 8 megapixel camera with 1080p HD recording, 720p front-facing camera
  • 16GB, 32GB and 64GB versions

Made entirely out of aluminium and glass, the iPhone 5 weighs merely 112 grams, is 20 percent lighter than the iPhone 4S, and is the thinnest iPhone yet at 7.6mm thick. Apple has chosen to debut iOS 6 with the iPhone 5 and the new OS includes Apple's own Maps app, an updated version of Siri and lots more. Overall, the new iPhone has been upgraded in almost all respects.

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