On Tuesday 26 Aug 2008, Rony wrote:
[snip] Even the iphone 3G is sold at a much lower rate in the US and in India which is price sensitive it is priced too high, almost double. Are people in developing countries richer than those in developed ones?
The iphone costs $400 in the US as well as in India. In the US the telecom companies are subsidising the initial purchase and recovering their money (plus lots more) by locking you in for 2 years, so you can get it for an apparent price of $200. In India the telcos have decided not to subsidise, which is why the apparent cost is higher.
Regards,
-- Raju