2 ms·

I really hate the uninformed India/China argument when it comes to exemplifying overpriced Apple products. Turns out, there are a lot of iPhones in New Delhi an

by seanmcd 15y ago

I really hate the uninformed India/China argument when it comes to exemplifying overpriced Apple products. Turns out, there are a lot of iPhones in New Delhi and Beijing used by a rising middle class...they even pay full unsubsidized high-tax prices for them. FYI, its not $5000, its $820 for a iPhone 4s in Beijing. Apple is already making a lot of money in China, and I'm sure they will eventually make money in India after they open up a few stores and get people off the gray market (where iPhones are sourced now). I'm dreading when the next iPad comes out in China, there will probably be yellow cow riots again.

recoiledsnake 15y ago
>I really hate the uninformed India/China argument when it comes to exemplifying overpriced Apple products Really? >FYI, its not $5000, its $820 for a iPhone 4s in Beijing. I said, IMAGINE if you had pay $5000 for an iPhone in the US or Europe. It is that expensive comparatively to someone in China or India. I did not say or imply that they aren't making money, I was saying people who say they're overpriced havent "lost all touch with reality" as much the person making such an argument.
- seanmcd 15y ago
  The point is that yes, they are overpriced for farmers and migrant workers in these countries, but they are definitely not overpriced for the middle class. The middle class in China is already 200 million people, think a similar number for India. These are huge markets for Apple, and they are doing just fine. In fact, I think Apple is a bit cheaper in China compared to the luxury alternatives. Apple is very aggressive in China, and their markup is probably just totally due to taxes. This is compared to Samsung or even Lenovo, whose markup is much higher. Apple is actually cheaper than the alternatives, which is why the Chinese are buying their products up.

2 ms·

I really hate the uninformed India/China argument when it comes to exemplifying overpriced Apple products. Turns out, there are a lot of iPhones in New Delhi an

by seanmcd 15y ago

recoiledsnake 15y ago
>I really hate the uninformed India/China argument when it comes to exemplifying overpriced Apple products Really? >FYI, its not $5000, its $820 for a iPhone 4s in Beijing. I said, IMAGINE if you had pay $5000 for an iPhone in the US or Europe. It is that expensive comparatively to someone in China or India. I did not say or imply that they aren't making money, I was saying people who say they're overpriced havent "lost all touch with reality" as much the person making such an argument.
- seanmcd 15y ago
  The point is that yes, they are overpriced for farmers and migrant workers in these countries, but they are definitely not overpriced for the middle class. The middle class in China is already 200 million people, think a similar number for India. These are huge markets for Apple, and they are doing just fine. In fact, I think Apple is a bit cheaper in China compared to the luxury alternatives. Apple is very aggressive in China, and their markup is probably just totally due to taxes. This is compared to Samsung or even Lenovo, whose markup is much higher. Apple is actually cheaper than the alternatives, which is why the Chinese are buying their products up.