Wednesday, 6 November 2013

iPhone 5s sold out in India, shortages everywhere!

The iPhone 5s and 5c opened for sale in India on Friday 1 November ahead of the Diwali weekend to a demand that rapidly outstripped supply and on Tuesday.

According to The Times of India, Apple’s iPhone 5s sold out within 24 hours of launching in India, which is now the world’s third largest smartphone market by volume. Initial supply is unknown — possibly as low as 30,000 units across the country, according to “trade estimates” — but India now marks yet another market where consumers will have to wait for weeks to buy Apple’s latest phone. 

On Tuesday, Economic Times reported that “top multi-brand cellphone and electronic retail chains such as The MobileStore, PlanetM, UniverCell and Future Group say their 5S stocks are over but that they still have 5C phones.” The report adds that trade estimates put the number of iPhones launched in India was close to 30,000 of which around 6000 were iPhone 5s devices. Reliance which is offering the phone for a year contract sold out the devices in one and a half days.

But when it comes to the iPhone, it’s not just the big guys who are facing a supply shortage and a demand overload. Local mobile stores in Delhi too have very limited supply of the iPhone 5s, which seems to be in high demand.

As far as offers on the iPhone 5s are concerned, Reliance Communications is offering the smartphone for a sweet Rs 2,999 per month for a contract period pf  24 months. The offer will include the handset cost, unlimited local and STD calls, SMS, national roaming and 3G data. Under this offer, Apple iPhone 5c and iPhone 5s customers will not receive any usage bill for 24 months, as the monthly payments include all usage charges. Only international calls and international roaming charges will have to be paid for. The iPhone 5c is also available on the same offer but for a monthly payment of Rs 2599 with the same data and voice deal. Customers however will require a credit card for buying the iPhone 5s and iPhone 5c under the offer. They will need credit cards from ICICI Bank, Standard Chartered, HDFC Bank and Citi Bank. The amount will be billed to their credit card.