Apple Sells Out of Meager iPhone 5 Launch Stocks in India
The Wall Street Journal reports that Apple has sold through its initial stocks of the iPhone 5 in India following the device's launch there on Friday, but the company was said to have delivered only 10,000-15,000 units for the first wave of sales.
“We were sold out within 24 hours of launch. It’s all gone,” said Himanshu Chakrawarti, chief executive of The MobileStore Ltd., a retailer that stocks iPhones and which has 900 outlets across India. Apple Inc.’s latest iPhone officially launched in India on Friday, more than a month after it hit major markets elsewhere.
Analysts are expecting Apple to deliver roughly 100,000 iPhone 5 units to India in the first month of availability, jumping to 200,000 by the end of the year.
While those shipment numbers pale in comparison to those seen other populous countries, they do represent a substantial jump over the 50,000 units sent to India in the June quarter, a boost due not only to the introduction of the new hardware but also improved distribution.
(Thanks, Rounak!)
Popular Stories
Apple is set to unveil iOS 18 during its WWDC keynote on June 10, so the software update is a little over six weeks away from being announced. Below, we recap rumored features and changes planned for the iPhone with iOS 18. iOS 18 will reportedly be the "biggest" update in the iPhone's history, with new ChatGPT-inspired generative AI features, a more customizable Home Screen, and much more....
Apple today released several open source large language models (LLMs) that are designed to run on-device rather than through cloud servers. Called OpenELM (Open-source Efficient Language Models), the LLMs are available on the Hugging Face Hub, a community for sharing AI code. As outlined in a white paper [PDF], there are eight total OpenELM models, four of which were pre-trained using the...
Apple has announced it will be holding a special event on Tuesday, May 7 at 7 a.m. Pacific Time (10 a.m. Eastern Time), with a live stream to be available on Apple.com and on YouTube as usual. The event invitation has a tagline of "Let Loose" and shows an artistic render of an Apple Pencil, suggesting that iPads will be a focus of the event. Subscribe to the MacRumors YouTube channel for more ...
There are widespread reports of Apple users being locked out of their Apple ID overnight for no apparent reason, requiring a password reset before they can log in again. Users say the sudden inexplicable Apple ID sign-out is occurring across multiple devices. When they attempt to sign in again they are locked out of their account and asked to reset their password in order to regain access. ...
Best Buy is discounting a collection of M3 MacBook Pro computers today, this time focusing on the 14-inch version of the laptop. Every deal in this sale requires you to have a My Best Buy Plus or Total membership, although non-members can still get solid second-best prices on these MacBook Pro models. Note: MacRumors is an affiliate partner with Best Buy. When you click a link and make a...
Apple used to regularly increase the base memory of its Macs up until 2011, the same year Tim Cook was appointed CEO, charts posted on Mastodon by David Schaub show. Earlier this year, Schaub generated two charts: One showing the base memory capacities of Apple's all-in-one Macs from 1984 onwards, and a second depicting Apple's consumer laptop base RAM from 1999 onwards. Both charts were...
Top Rated Comments
Yes, they have a billion people.
Yes, Apple is supply constraint right now. But some people just can't afford it or choose to buy it at this ridiculous price.
To give you an idea, I was in India for a wedding. One of the servants never saw an iphone before (mesmorized). He asked how much it was, I didn't want to tell him, but I did.
It equaled his yearly income. Why do you think Nokia phones are still popular there? It takes time, but it will be reach everyone.
...ignorance
----------
All iPhone so far are sold at price more than 700 $(base model price) and not at 200 $ like in US but people are still ready to buy. How many people in US will buy it at 700 $ & how many people in India will go for it if iPhone is 200$ ?
Really bro-last time all you saw was only iPhones and iPads ! wow ! Am from New Delhi-so am Indian,don't go by that Canada moniker,I work in Canada-and to be honest,70% of the population survives below poverty line,AND what you talking about is the elite 1%,go check your facts-the per captia GDP of india is 1k$. And if you say it's cheap,so adjusting it to PPP it goes to just 3,000$ and you,if you are an Indian,you very well know the disparity which exists there.
India: post iPhone 5 prices of some phones:
iPhone 4 ( 8 gb only ) - 488$
iPhone 4s (16 gb only)- 708$
iPhone 5 (16 gb) - 837$
iPhone 5 (32 gb) - 965$
Samsung Galaxy S3 - 588$
Sam. Galaxy Note II -635$
Htc One X (16 gb ) - 570$
All phones prices come down nearly after 3-4 months of launch in India, but iphone prices remain same through out the whole year.
Apple can ignore India for now, but risks getting shut out down the road when Samsung is already dominating.