Apple absorbs higher costs on 'Made in India' iPhones
Business Standard|September 30, 2023
Apple may not be passing on the higher cost of assembling the iPhone15 and iPhone Plus in India to its customers compared to China as it is 13 per cent more on the freight on board (FOB) value.
SURAJEET DAS GUPTA
Apple absorbs higher costs on 'Made in India' iPhones

It will also not hike the price of the phones to absorb the hefty dealer margins of 10-12 per cent it forks out in India. But even so the 'Made in India' phones are far more expensive than those available in the US or in Dubai.

Bu hikaye Business Standard dergisinin September 30, 2023 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Business Standard dergisinin September 30, 2023 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

BUSINESS STANDARD DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Business Standard

Apple harvest: iPhone 16 sales up 15-20% over iPhone 15 on Day 1

The highly anticipated launch of Apple iPhone 16 series has generated significant buzz in India on Friday, with serpentine queues at flagship stores and quick-service platforms offering deliveries for the first time.

time-read
1 min  |
September 21, 2024
Business Standard

-+NBFCs throng bond mkt to fund festival credit demand

Raise nearly ₹74K cr since Aug via debt offers as bank lending slows

time-read
1 min  |
September 18, 2024
Business Standard

-E-bike market hots up with Revolt RV1 launch

NITIN KUMAR New Delhi, 17 September

time-read
1 min  |
September 18, 2024
Venezuelan crude flows to state refiners via 3rd parties
Business Standard

Venezuelan crude flows to state refiners via 3rd parties

STAGING A COMEBACK Oil imports from Venezuela (In $ mn)

time-read
2 dak  |
September 23, 2024
Vi rings in $3.6 bn gear deal with global vendors
Business Standard

Vi rings in $3.6 bn gear deal with global vendors

Mega pact comes a day ahead of telco's meet with investors, analysts

time-read
4 dak  |
September 23, 2024
Business Standard

iPhone 16 series made in India, but still costlier: Blame 18% GST

Differential with US, UAE, Thailand significant despite lower launch MRPs

time-read
2 dak  |
September 23, 2024
Business Standard

Bajaj now third most valued finance group

With combined mcap of ₹10.36 trn, it goes past SBI group

time-read
4 dak  |
September 23, 2024
We are now an independent company, says Aakash CEO
Business Standard

We are now an independent company, says Aakash CEO

With Byju's facing insolvency, AESL chalks out '2.0' strategy

time-read
2 dak  |
September 23, 2024
No EV unit planned beyond Chakan: M&M
Business Standard

No EV unit planned beyond Chakan: M&M

UV maker Mahindra & Mahindra (M&M), which enjoys a 21.6 per cent revenue market share in the segment, is progressing with its upcoming electric vehicle (EV) and EV battery manufacturing plant in Chakan.

time-read
2 dak  |
September 23, 2024
Business Standard

InGovern raises concern over delay in Religare AGM

Proxy advisory firm InGovern on Sunday expressed concern over governance in Religare Enterprises amid a delay in its annual general meeting (AGM) without a valid reason, and called for a comprehensive probe by the Securities and Exchange Board of India (Sebi) into the postponement.

time-read
1 min  |
September 23, 2024