If the king of smartphones is that cheap than what is the real worth of desi smartphones that sell for Rs 10,000?
Believe it or not, the Apple iPhone 5, which sells for Rs 45,500 and above in India, is actually worth Rs 11,818.
This has been revealed by Barclays in one of its research report. The report estimated that the total material cost for a typical iPhone 5, which excludes the value of warranty, manufacturing costs, significant logistics expenses and other cost components, is $215 or Rs 11,818 approximately.
"We estimate that NAND Flash accounts for about 10% of the total iPhone cost, wireless components account about 16% and the display about 20% of the total." estimated Barclays.
The research and financial firm further added that the material cost for iPhone 5 "might have declined slightly in the month of December, last year". How true this estimation is hard to tell. And if it is true, wonder what is the cost of the smartphones that our desi handset manufacturers launch in India?
Apple is expected to launch iPhone 7, iPhone 7 Plus and iPhone 7 Premium this September.
The iOS 10 will be available this fall for iPhone 5 and later, all iPad Air and iPad Pro models, iPad 4th generation, iPad mini 2 and later, iPod touch 6th generation.
As per reports, Apple's biggest manufacturer Foxconn is close to sign a deal with Indian government to set up base in India.
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The 9.7-inch iPad Pro features an LED-backlit Multi-Touch Retina display with 2048x1536 pixel resolution.
In India, Apple's iPhone SE is to be sold at a higher price tag compared to international markets
In India, the Apple iPhone SE 16GB will be available for Rs 39,000 while 64GB variant will cost Rs 49,000.
Apple iPhone SE is set to be launched in India next month.
The 9.7-inch iPad Pro will be available for purchase from next month onwards.
Apple iPhone SE will be launched in India from April for Rs 39,000 for the 16 GB version.