The price wll reduce as most Apple products do, "When hell freezes over". Thi item is sellng like hotcakes why do they need to reduce the prce? Supply and demand control pricing more than anything.
Is there demand? Yes, strong demand. So the price will stay up there until the next verson releases, which will probably be a year. It will feature improvements and probably a larger amount of storage, if the improvements are adaqute they may sell the old version for a reduced $ amount. Or they may sell the new one for more and just sell the remaining stock at full retail.
When will it release in India, your guess is as good as mine.
Personally I am waiting for a Iphone which fully supports Bluetooth Stereo with AD2P support, I suspect that will be a second gen phone. I was supprised they skipped that, I would have alread bought one.
My BF bought one and it is slick but it does have a few flaws, but overalll it is one sweet gadget.
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