Apple refrains from iPhone price hike in India following unprecedented rupee drop

iDownload Blog
By Christian ZibregSep 10, 2013, 7:26 am154 pts
Even though India is home to 1.24 billion people and is part of the emerging BRIC markets, high import taxes and a number of other factors contribute to often too high price of consumer electronics products such as smartphones. The off-contract $450 iPhone 4S, for example, was out of the reach of most of that…

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