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by vijaybritto 2628 days ago
No. The sale of 500$+ phones in only in a few million.
3 comments
tiuPapa 2628 days ago
Yep, but it's growing. The premium segment(above 500$) is the fastest growing segment of the market. And even the segment just below it (300$ - 500$) is a chunky portion of the market who are all potential customers for the premium segment.
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robocat 2628 days ago
1.3 billion people, 2% own an iPhone (according to another comment here), equals 25 million iDevices in India...
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sumedh 2628 days ago
> The sale of 500$+ phones in only in a few million.

Its not about market size today, you have to look into the future as well.

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vijaybritto 2628 days ago
In the future apple's phones would be 1500 plus. They are already making loss. Apple's positioning in India is as a 'premium' brand. It's price is so high that even IT employees buy in EMI. Meanwhile Chinese android phones haves 95% of the quality at 1/5th the price. There is no market fit
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