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Pfizer Inc. Message Board

  • goombahyah goombahyah Jun 4, 2013 6:05 PM Flag

    MacDailyNews: iPhone 4 & 4s still huge in India; sales up 400%!

    No worries. Just unload all iPhone 4 over next 60 days, then charge more for 4S.

    Apple’s iPhone sales in India have soared up to 400% with aggressive new campaign

    Friday, May 31, 2013 · 2:32 pm · 8 Comments

    “According to a new report out today, equal monthly installments (EMI) and cash back schemes have worked wonders for Apple in India as iPhone’s monthly sales have risen by 300% to 400% over the last few months,” Jack Purcher reports for Patently Apple.

    “Compared to average monthly sales of 70,000-80,000 smartphones before the EMI schemes were offered to consumers in India iPhone sales have zoomed up to stratospheric levels, analysts at Credit Suisse said,” Purcher reports. “In a note to their clients, Credit Suisse’s research analyst Sunil Tirumalai stated that from their channel checks, they believe that Apple’s iPhone sales are nearing 400,000 units per month in India. That represents close to 3% market share of handset sales for a single top-end product in a market that has long been dominated by low-end feature phones.”

    Purcher reports, “About four months ago, Apple began its EMI scheme that offered potential buyers to make a partial payment of iPhone 4 and 4S models upfront and pay the rest of the amount in installments over 6 to 12 months without paying any interest.”

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