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

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.