Apple's India Dilemma

OnlineEditor@theweek.com (Jeff Spross), The Week
Thu, 10/27/2016 - 2:48am

Apple's much-anticipated live-stream event later today has all the drama we've come to expect from the Silicon Valley powerhouse: A potential raft of new gizmos, showing off Apple's insistence on always one-upping itself. But behind the scenes, a much more complicated drama is playing out for the tech behemoth: Namely, Apple is running out of markets for its most successful product, the iPhone. The company's flagship device has already saturated the markets in the U.S and Europe — and it seems well on its way to saturating the market in China, too.

Topics: silicon valley u europe u october september samsung for apple part apple pay but apple u reliance jio so apple google's android pretty apple u china india apple android market percent year smartphone iphone smartphones company product shipments slice consumers quarter high-end markets u.s iphones likelihood big profit biggest margins cheaper million fact saturating drama cheap grew country buy years growth cost expect happened customers sell give quality stores ground chains companies earlier revenue making sales world fiscal fell opening

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Apple's India Dilemma

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