Apple seems set to launch the iPhone 5 in
India on October 26, industry sources say.
However, Apple spokesperson refused to
comment on the matter.
NEW DELHI: After the initial round of global
iPhone 5 launches, Apple seems set to
launch the latest version of its iconic
smartphone in India on October 26,
industry sources say. However, Apple
spokesperson refused to comment on the
matter.
iPhone 5 is eagerly awaited in the country
and is already available in the grey market
at sky-high prices, touching over Rs 1 lac. It
is the fastest selling smartphone of all time,
with 5 million units sold over the first
weekend itself. With this device, Apple
broke its mould of 3.5-inch screens and
ventured into the 4-inch screen size
domain and introduced the all-new
Lightning dock connector and EarPods.
In India, iPhones have commanded top
dollar and are out of reach of the masses,
one of the main reasons for the meager
market share of Apple's phone in India as
compared to Android phones. Last year,
the base variant of iPhone 4S was launched
at Rs 44,500 in the country and currently
costs Rs 41,500 after the recent price
revision. In contrast, no Android
smartphone in India currently costs above
Rs 40,000, though it must be remembered
that Samsung Galaxy S III was priced
around Rs 43,000 at the time of launch.
However, the company soon brought the
official price of the device down to Rs
38,900 and currently the phone costs Rs
35,500 on the company's e-store.
Recently, when Apple slashed prices of its
phones in India, the iPhone 4 was given a
price tag of Rs 28,300, which is quite high
considering that it is two years old.
Apple has been making efforts to penetrate
the Chinese market, but seems to largely
ignore India's potential. On the other hand,
Samsung, the arch rival of Apple in the
smartphone domain,has already made
inroads into India and is perched right at
the top of the smartphone market in the
country. India has become one of the
biggest markets for the South Korean
company's mobile division.
Nevertheless, things seem to be changing
for India, as Apple looks set to bring its
latest offering to the country within a short
span of its worldwide launch, especially
considering that the first iPhone was never
launched here.
