assembled.
Business

Analysts Question Financial Sense of New iPhones Amid Strong Indian Consumer Demand

According to the South China Morning Post, analysts suggest that the new iPhones may not present a sound financial proposition in India, despite significant consumer excitement and long queues.

A premium, unbranded smartphone rests on a dark wooden surface, illuminated by focused light, set against a softly blurred background suggesting a dynamic market.
AI-generated illustration

The South China Morning Post reports that analysts suggest the new iPhones might not be financially sensible in India, although consumer desire for them is not always logical. The iPhone 18 Pro is priced starting at 164,900 rupees (US$1,700) and can reach up to 179,000 rupees. For the iPhone 18 Pro Max, the starting price is 179,900 rupees, with a maximum price point of 329,900 rupees. The enthusiasm among consumers, evidenced by some waiting in line for several hours, highlights that India, which is the second largest smartphone market globally by volume, has become one of the fastest growing sales sources for Apple.

Keep reading

More Business