Economy

Apple Maintains Premium Pricing Strategy for iPhones in India

NDTV1h
THE BRIEF
1

Apple continues to avoid price cuts for its iPhone models in India, prioritizing brand status and revenue margins over aggressive volume-based market penetration.

2

Despite global price adjustments, the company's strategy relies on the psychological appeal of status and social comparison to maintain high demand among Indian consumers.

3

Analysts suggest that while price hikes on older models may impact total unit sales, Apple's overall revenue in the Indian market is expected to remain robust.