Apple's New iPhones Expected to Rule Indian Market This Navratri, Diwali
The sales of newly-launched iPhone Xs and XS Max premium smartphones volition pick up in India with the country inbound the festive season from Oct 10, experts said today. Apple brought its much-awaited line-up of iPhones in Republic of india on September 28.
iPhone XS with 4GB RAM and 64GB internal storage costs Rs 99,900; 4GB and 256GB variant is priced at Rs 114,900 and the 4GB with 512GB variant will come up for Rs 134,900.
"We don't have data yet but I recall demand will exist spread as gap between festive flavor and new iPhone launches is definitely in that location," Tarun Pathak, Acquaintance Director at Counterpoint Enquiry, told IANS.
"The Indian consumers will look for all the options and might end upwardly purchasing new iPhones well-nigh the festive season, beginning with the auspicious catamenia of Navratri festival from October x," Pathak noted.
For an Indian smartphone user, conveying an iPhone has e'er been a style statement, irrespective of the price, and those who are in the Apple ecosystem will generate demand for the new iPhones, sooner or subsequently. Apple has likewise slashed prices of onetime-generation iPhones in India.
According to Prabhu Ram, Head-Industry Intelligence Group, CyberMedia Inquiry (CMR), Apple is aware of the brand pull that iPhone has for aspirational India and thats why, they have slashed prices for old-generation iPhones.
"While there would exist a slight uptick for old iPhone sales, during and beyond the festive season, we believe they would be up for tough competition from other smartphone brands," Ram told IANS.
Apple is set to announce its fiscal 4th quarter results on November 1 and will reveal iPhones sales globally. Apple posted revenue of $53.3 billion in its fiscal third quarter, an increase of 17 per cent from the year-agone quarter. International sales accounted for threescore per cent of the quarter'southward acquirement.
"With global warranty and comparative high price in India, people may end up buying new iPhones from somewhere else," added Pathak.
Source: https://beebom.com/apples-iphone-indian-market-diwali/
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