India Today

AAPL: 95.19

1.55
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Bloomberg speculates that India could refuse to grant Apple permission to sell used iPhones in the country citing comments from a telecommunications ministry official today.

The U.S. company’s application has been turned down, the official said, asking to not be identified, citing official policy [whileApple declined to comment.

Apple had hoped that used iPhone sales would be a good way to get a foothold in a country where its market share is just 2%, and where 80% of phones cost less than $150. Its iPhone Upgrade Program in the United States gave the company a plentiful supply of used phones that it could have sold at much lower prices in India without sacrificing margin, which must have seemed like the perfect plan … 

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India April 28

AAPL: 94.83

-2.99
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A report back in February that Apple would be allowed to open retail stores in India has been corroborated by India’s Economic Times. India normally doesn’t allow single-brand retail stores unless at least 30% of their products are made within the country, but Apple is reportedly set to be granted an exemption on the grounds that its products are ‘cutting-edge technology.’

A government panel has recommended exempting Apple from mandatory local sourcing norms, a move which would pave the way for Apple to open single-brand retail stores in the country. “The committee has found that the company’s products are cutting edge technology and state-of-the-art. It has recommended to exempt them from the local sourcing norms,” sources said.

The exemption is a pretty big deal for Apple …

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India April 26

AAPL: 104.35

-0.73
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A new motion signed into law in India will require all phones, including iPhones, to feature a ‘panic button’ to call emergency services and GPS for location pings from January 1st, 2017. The provisions are being brought in to aid the ‘security of women’, via the Indian Express.

Obviously, GPS has existed in iPhones since the iPhone 3G but it seems that Apple will have to make some software modifications to iOS to comply with the panic button request.

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India April 12

AAPL: 110.44

1.42
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India April 8

AAPL: 108.66

0.12
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India April 4

AAPL: 111.12

1.13
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Apple’s plan to sell used iPhones in India to bring new customers into the Apple ecosystem has met with strong opposition, reports Bloomberg. A newly-formed lobbying group has sent a letter to the government asking it to deny Apple the official approval it would need to begin the sales – and one of the companies behind the group is Samsung.

“Why even consider allowing import of used phones when import of other used goods such as cars are precluded by 300 percent duty levies?” asked Ravinder Zutshi, chairman of the newly formed Mobile and Communications Council, which issued the letter. The group’s members include the largest Indian phone brands: Micromax, Intex and Samsung … 

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