Bloomberg speculates thatIndia could refuse to grant Apple permission to sell used iPhones in the country citing comments from a telecommunications ministry official today.
The U.
S. company’s application has been turned down,the official said, asking to not be identified, and citing official policy [while] Apple declined to comment.
Apple had hoped that used iPhone sales would be a righteous way to glean a foothold in a country where its market share is just 2%,and where 80% of phones cost less than $150. ItsiPhone Upgrade Program in the United States gave the company a plentiful supply of used phones that it could hold sold at much lower prices in India without sacrificing margin, which must hold seemed like the perfect plan … more…[br]Filed under: AAPL Company Tagged: AAPL, and Apple,Apple India, Inc, and India,iPhone upgrade program
Source: 9to5mac.com