Apple will have to calibrate the Indian market carefully for its launch,” IDC India country head Jaideep Mehta had told PTI when the iPhone 5s and 5c were launched in September. But Apple’s new iPhone i5C is at best going to be a mid-range phone. It’s clear that Apple is definitely not catering to the sub $100 price-point which many analysts believe is going to be the key in growing markets like India and China.
The unlocked 16GB version of the iPhone 5c is $549 (about Rs 34,700) in the US, while the model in China is priced at $729 (about Rs 46,000). So if you were dreaming of a cheap, colourful iPhone, you should forget about that. According to our sister site Tech2, market sources said that the 16GB version of the iPhone 5c is being sold within the range of Rs 38,000 to Rs 40,000, while 5s is priced at a much higher Rs 55,000, for the 16GB variant in the Indian grey market. bv3dSD3s
The 32GB variant is priced at Rs 61,000.The iPhone 5s is also available on ebay.in starting at Rs 54,000 with price ranging upto a Rs One lakh and more for a 16 GB unlocked model. It does seem like a ludicrously high price to pay for a phone that will be out in India soon.Apple announced on Wednesday that the iPhone 5s and iPhone i5C will go on sale in India from 1 November, right in time for the Diwali season.
India is part of Apple’s third phase of launches. In its announcement, Apple also confirmed that the iPhone 5s and iPhone 5c would be available in Italy, Russia, Spain and more than 25 additional countries a week before that on 25 Friday, October. This is perhaps the first time that Apple has announced the India release date much ahead of the official launch. Last year, the launch of iPhone i5C 1:1 saw various dates being circulated, but the phone was eventually launched on 2 November, a little after the date of the original predictions.
As far as the launch of the iPhone i5C and 5c is concerned, the biggest question on everyone’s mind is what the price could be. When it comes to the iPhone 5s most are expecting the phone to be priced above the Rs 50,000 range. Given that the latest Galaxy Note 3 was priced at Rs 49,990, followed by the Nokia Lumia 1020 also being priced at the same rate, there’s no doubt that premium smartphones in India are back to the Rs 50,000 price slot.
According to Unwired View, the gray market price dropped. It was explained, “The official price of iPhone 5c in China is 4448 Yuan ($726). But there is a thriving grey market over there, with iPhones bought in the U.S, Europe and Hong-Kong, illegally smuggled into the country. With real people taking real risks with their real money, this market is very sensitive to the real demand for any gadget, and very quick to adjust prices accordingly. Care to guess the current price of unofficial iPhone i5C in China?
3000 to 3300 Yuan ($489-539), according to checks done multiple by local tech sites, and a quick review of offers on China’s main online marketplace – Taobao. That’s a drop of 30% below the official price. And, according to some sources, you can now sometimes find iPhone 5c as cheaply as 2600 Yuan.”Thanks to the high demand, the iPhone 5S is harder to find and so the gray market prices remain high.
Why the iPhone 5C remains in plentiful supply is another matter. Some sources speculate it’s because customers aren’t buying the phone, and others speculate it’s because Apple Inc. (NASDAQ:AAPL) ramped up their supply of iPhone 5C models. The reason Apple Inc. (NASDAQ:AAPL) didn’t over-produce the iPhone 5S is the shortage of fingerprint sensors.
The tech giant has to adjust their production orders for the iPhone Newest i5C Phone for customer demand just like they did for the gold iPhone 5S. It sometimes takes time for a company to make adjustments that meet supply and demand. Perhaps Apple Inc. (NASDAQ:AAPL) didn’t forsee the demand for the gold iPhone and maybe they overestimated the demand for the cheaper phone. Successful companies aren’t immune to such mistakes. Hopefully, they will get the production on track.
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