Apple Sold Half A Million Iphones In India In Q4 2014 Vs 1M In Whole Of 2013
Data from Counterpoint Research, and corroborated by two “leading trade partners,” suggests that Apple sold half a million iPhones in India during the final quarter of 2014, reports the Economic Times. This compares to around a million phones during the whole of 2013. Apple has also halved the credit period offered to resellers, from the standard 14 days offered by most manufacturers to 7 days, and sliced between 0.5% and 1% offered the 9-11% margins offered on iPhones (rates varying by sales performance)....