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Tuesday, May 3, 2016

India rejects Apple’s plans to sell used iPhones in the country after opposition by Samsung & others

India rejects Apple’s plans to sell used iPhones in the country after opposition by Samsung & others:

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Bloomberg is reporting that India has refused to grant Apple permission to sell used iPhones in the country, citing a telecommunications ministry official.

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