tech2 News Staff
14. January 2019 11:49 AM
Apple's iPhone issues do not look like they'll end soon. A new report suggests that iPhone shipments in India have fallen by as much as 50% since last year and that this is the lowest turnover in at least four years.
In its report The Economic Times notes that shipments to India have decreased from about 3.2 million in 201
Given the weak demand, Apple has already revised its earnings estimates by several billion dollars. Other reports also show that Apple is first calling third party vendors to offer discounts on its products . iPhones in China and iPad Pros and HomePods in the US were reduced by $ 100. Apple also advertises prominently for trade-in programs and discounts for carriers on its homepage, something we have not seen in a while. It also does not help that the sale of certain iPhone models in Germany was banned due to a continuing legal dispute with the chipmaker Qualcomm.
Apple blames its poor performance on market factors such as the ongoing US-China trade war and the fact that people are sticking to their iPhone for longer ($ 999). Apple also claims that the replacement program for batteries of the previous year affected sales. Several analysts are of the opinion that the poor performance is simply due to the fact that the devices from Apple are extremely expensive. In a market like India, where Apple's expensive devices sell at an additional premium of 30 to 40 percent, sales are expected to decline.
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