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Apple aims for Rs 1,000 Crore From iPhone 5S Sales in India This Quarter

Empirial

Youngling
After selling out its premium iPhone 5S within 24 hours in India, Apple is now aiming to generate Rs 1,000 crore worth of sales from the smartphone. This would be twice the volume of sales of the iPhone 5 in the year ago quarter. To achieve the target, Apple will have to sell two lakh units in less than two months.

Apple has earmarked Rs 25 crore for advertising the iPhone 5S and iPhone 5C in India. The company is expecting its current iPhone 4 users in the country, which are claimed to be 6 lakh users in all. However, it remains to be seen whether Apple can provide enough stocks considering it is still facing an iPhone 5S shortage, which is out of stock in most markets it has been launched. With the crucial holiday season around the corner, Apple will have to significantly boost its production capacity if it expects to meet its own targets.

Source : Apple aims for Rs 1,000 crore from iPhone 5S sales in India this quarter | News & Video Reviews of Gadgets at BGR India
 

$hadow

Geek in making
Indeed Apple has donesome homework on its OS. The users are finding it different. But the product being out of stock is turning many to buy something else since shopkeepers do not know how much time it will take to get the stock back. But the response towards the new IPhone is something which will make India's position more high on Apple product launching chart. Maybe who knows India will also see a simultaneous launch with US.
 

bubusam13

Human
People, India is still a developing country. With 1000 crore India can even send a spacecraft to Pluto. Don't let this money go to US. Is iPhone really that worth ? Just think.
 

amjath

Human Spambot
People, India is still a developing country. With 1000 crore India can even send a spacecraft to Pluto. Don't let this money go to US. Is iPhone really that worth ? Just think.

same goes to other manufactures, then no one can buy a smartphone except mmx etc :lol:
 

bubusam13

Human
Had mmx be a reliable brand with good service, I would have seriously bought mmx. But the thing is mmx is also rebranded China device.
And do you mean we should let go 1000 crore to US.
 

SaiyanGoku

kamehameha!!
People, India is still a developing country. With 1000 crore India can even send a spacecraft to Pluto. Don't let this money go to US. Is iPhone really that worth ? Just think.

much more amount of money is needed for that. its better to buy MMX cr@p wroth 1000 crore than buy Cr@ppl'e iFail $hit.
 

bubusam13

Human
Rs 450 crore is spent for MOM. But 1000 crore for iPhone. Naah !!

Pluto mission is not that impossible one but requires great accuracy. See pluto's orbit below.
Pluto_Orbit.gif
 

$hadow

Geek in making
But there are people who are buying iPhone and one cannot look away from this fact the product is sold out in major cities of India.
 

Anorion

Sith Lord
Staff member
Admin
why?
sure, the devices are expensive. android devices are also expensive.

almost no one buys these devices at full price (off contract), anywhere in the world. Which is why latest nexus/iphones often run into shortages. with more contract based offerings, everyone can start having more expensive smartphones!
China and Hong Kong are their 2nd and 5th biggest markets.

1000 crore is not going to US. they are making a loss from last year sales to increase market share. their profits for whole year are only 113 crore, compared to 311 crore last year. they made it cheaper, even though multiple people in Apple have said over the years that India is not one of their top priorities, and they are better off investing in other countries.
 

sandeep410

Journeyman
To be honest a cheap android is good enough for indian public. Apple is not needed. Even my bank ICICI has an banking app only in android for indian public. When i asked for IOS version he said it wasnt available.
 

Anorion

Sith Lord
Staff member
Admin
yep local content is more geared towards android and windows. not surprising considering the marginal adoption of ios.

and look what happen to flyte
 
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