Report: Apple to relaunch 8GB iPhone 4 in India

Apple will relaunch the 8GB version of its iPhone 4 in India, The Economic Times reports. The iPhone 4 will be priced at 15,000 rupees (about $244). According to the report, Apple is relaunching the phone after losing sales and market share to Samsung. No release date has been announced, though one source said the iPhone 4 could be relaunched as early as next week; production on the older model reportedly stopped some time ago, leading to questions as to where the inventory of new units will come from. Apple has not commented on the report.

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