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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 Replies

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 Replies

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 Reply

Anonymous 8

Hey I am on Medial • 1y

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

1 Reply

Anonymous 3

Hey I am on Medial • 1y

All the black money being spent on iphones.

1 Reply

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 Reply

Anonymous 1

Hey I am on Medial • 1y

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

1 Reply

Aryan patil

Building SwapEat | I... • 1y

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

Anonymous 6

Hey I am on Medial • 1y

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

Anonymous 5
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Unacademy • 1y

Mostly EMI/loan lol.

Anonymous 4
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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.

Abdul Ragib

Eat , Sleep, Drink T... • 1y

[This post has been deleted by the creator]

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

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Really india is poor

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