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Havish Gupta

Figuring Out • 1y

Who said people in india are poor.

https://medial.app/news/apple-india-set-to-clock-over-inr-70000-cr-in-revenue-a680304c27353

12 replies21 likes

Replies (12)

Prashant Shankhar

Analyst • 1y

People think that only Indians buy iPhone on EMIs. America had a high credit card usage even before it was introduced in india. America has retailers like best buy who club the phones with network providers and you can buy an iPhone with flexible monthly payments. SMH

2 replies1 like

PRATHAM

Experimenting On lea... • 1y

Still I would say India along with south Asia is poor as per capita income is low , these phones are bought by top 5% ( evaluate India population as well) or in emi ,

1 replies2 likes

Anonymous 8

Hey I am on Medial • 1y

Bro is basically saying higher the debt, richer the population.

1 replies1 like

Anonymous 3

Hey I am on Medial • 1y

All the black money being spent on iphones.

1 replies

Anonymous 2

Hey I am on Medial • 1y

That's close to 10B USD in revenue! Most Indian companies fail to do that much.

1 replies

Anonymous 1

Hey I am on Medial • 1y

90% of that revenue came from EMI's :P

1 replies

Aryan patil

Video editor, lyrici... • 1y

Did you know that 60% apple sales in India Are from villages.

0 replies1 like

Anonymous 6

Hey I am on Medial • 1y

1 out of 3 people in India are buying phones on EMI. Absolute mental statistic

0 replies1 like

Anonymous 5
•

Unacademy • 1y

Mostly EMI/loan lol.

0 replies1 like

Anonymous 4
•

Atlan • 1y

India has endless money. We are just getting started. This will incetivize Apple and foreign countries to setup manufacturing bases in India and lead us towards becoming a superpower.

0 replies1 like

Abdul Ragib

Eat , Sleep, Drink T... • 1y

[This post has been deleted by the creator]

0 replies

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Kamalesh B

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Low class and middle class people are new versions of poor people.

Yes

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Anonymous

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This just blowed my mind. Sadly India is a rich country with poor people

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don't build poor solutions for poor people. - Chetna Sinha.

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K

Ph • 11m

Really india is poor

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Anonymous

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People who have no clue of how to deliver exits (and has poor performance across funds) are now giving exit advice. Idiots. It’s like VCs who have no clue of how to build companies, giving advice to founders.