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I think its peak for certain markets such as US, Japan. But it is not so for markets such as China, India, and these requires a lower priced models. That's why
by jemeshsu 13y ago
I think its peak for certain markets such as US, Japan. But it is not so for markets such as China, India, and these requires a lower priced models. That's why Apple is likely to introduce cheaper models in September to sustain its growth, largely targeting these markets.
- contingencies 13y agoAre you kidding? China has more cash than anyone right now.
- nivla 13y agoI feel phones don't correlate well with affordability. People tend to invest more into commodities that have a sense of usability, social status and a statement of fashion. I remember reading somewhere that India has more mobile phones than toilets. Even taking your own example, Apple's Iphone has about 3% market share in India [1]. 3% of the total handset market not just the smart phone market. It relates to about 26.79 million subscribers, and at a cost of $600 each (which is way more than an average middle class Indian could afford), that is pretty unbelievable. [1] http://www.zdnet.com/iphone-takes-3-percent-handset-market-share-in-india-analyst-7000016190/ http://www.zdnet.com/iphone-takes-3-percent-handset-market-s...