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FEB 08, 2013 - Business Insider

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Apple May Have Figured Out How To Sell iPhones In India (AAPL)

Don't get too excited, but there are early signs that Apple has figured out how to sell iPhones in India. For years, Apple has largely ignored the Indian market, letting Samsung swoop in and dominate. A big part of the problem for Apple is that the iPhone retails for over $850 in India because carriers do not subsidize the cost of the phone. As Apple's growth in developed markets like the U.S. and Europe slows, it can no longer afford to ignore the Indian market. It needs to sell iPhones in India to expand its smartphone sales and marketshare. The Times of India says Apple is "in the middle ... Read More

Tags: Apple May Have Figured Out How To Sell iPhones In India (AAPL),  Ibm Latest News