What can you buy in India for the price of an iPhone?

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India is the biggest market that Apple’s iPhone hasn’t fully cracked. In the first quarter, Apple only made about 3% of the smartphones sold in the country.

Still, it’s a huge market and investors think Apple could turn India into a nation of iPhone owners, at least among the country’s growing middle and upper classes, like it did with China over the past 10 years. But there are a lot of reasons why Apple might not be able to replicate its China story in India, Mizuho analysts wrote in a note distributed to clients on Monday… More at Business Insider.

Some figures stand out more than others, but 4 years of water and electric is huge. For me, 4 years of water and electric costs £10,600 which obviously makes the iPhone feel less expensive than it really is.

Categories: iPhone

1 reply

  1. Of course the other weird thing is how monthly charges stack up – my GF and I pay over $2K/mo USD in rent, which is kind of a lot of but you know, life in Boston. Thinking of that as 1/4 of 100,00 dollars every year? Man.

    As humans we aren’t quite equipped to deal with how time slips by and gradual steady builds accumulate. I mean $800 is a huge hit for a phone – but if I think about it as $33 a month for a phone that lasts 2 years.. eh, not bad. More than a single streaming service.. (This is why phones used to be all subsidized on 2 year plans, where the one time hit was so much less, and why car leasing is so popular) And on the other hand, shelling out a buck a day feels like a grind too.

    But look at some of those numbers – I’m sure India has certain things cheaper (like the labor of other humans, I’m led to believe) and more expensive, but that says a 2 bedroom apartment rent is almost 50 times the cost of water and electricity! Kind of hard to really wrap your head around.

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