Tuttiquotidiani is completely free. Every day we aggregate news from 100+ sources and generate original AI summaries for you. Help us keep the service running with a small donation, or become TQ Pro for just €1/month.

Majority Of Indians Can't Afford An iPhone. Why Apple Doesn't Care

  • Posted on September 10, 2026
  • By Google News
  • 1 Views
  • 1 min read
In brief

Apple's strategy in India reveals a counterintuitive business model: the company focuses on premium market segmentation rather than mass adoption. Despite the majority of India's population lacking purchasing power for iPhones, the addressable market of affluent consumers exceeds 70 million people—surpassing the entire population of major European nations. This demonstrates how Apple prioritizes brand exclusivity and profit margins over volume sales, leveraging India's growing wealth concentration to maintain its luxury positioning while capturing substantial revenue from high-income segments.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Majority Of Indians Can't Afford An iPhone. Why Apple Doesn't Care
Majority Of Indians Can't Afford An iPhone. Why Apple Doesn't Care

Even if only 5 per cent of Indians can afford an iPhone, that is close to 70 million people -- a market larger UK, France or Italy.
continue reading...

Author
Google News

You May Also Like