Why Cost Of iPhone Is More In India Than China And Japan?
Friday, December 16, 2016, 11:28 AM
According to Forbes magazine, iPhone price is more in India than China and Japan, due to the difference in taxes imposed in these countries. Apple doesn’t have its own store in India; it has to be sold through third party retailers. IPhone has to pass through up to 5 middlemen in India, before it reaches customers, making it very costly.