Tech giant Apple has launched the 8GB version of its iPhone 5C in India for Rs 37,500, a move aimed at capturing a larger share of the burgeoning smartphone market in India.
The new device will be available in the market over the next few days.The iPhone 5C, along with Apple’s flagship iPhone 5S, was launched globally last October. The 8GB variant of the device was launched in the UK and France under partnerships with telecom operators O2 and SFR.
Industry analysts suggest that steep pricing of its devices in India has been one of the reasons that Apple is still to figure among the top 3 players in the smartphone market, even though globally it ranks second to Samsung in terms of shipment.
The iPhone 5S is selling the 16GB version for over Rs 46,000, while 32GB is retailing for over Rs 62,000.IPhone 5C, the colourful devices that Apple brought out for price sensitive markets like China and India, is selling for over Rs 37,000 (16GB) and more than Rs 53,000 for the 32GB version.
In comparison, players like Motorola, Nokia and Intex have launched devices priced below Rs 12,000 in the country, which industry players feel is a Rs 28,000 crore opportunity.