Apple iPhone Duo Launch Exhausts Initial Stock in Mumbai and New Delhi
What happened
Reservations for Apple’s iPhone Duo, its first foldable iPhone, exhausted the stock allocated for opening week in India, according to reports citing inventory sources. Apple began sales in India on October 23, with the 256GB model priced at ₹299,900 and the 2TB version at ₹449,900. The BKC location in Mumbai and the Saket branch in New Delhi reported similar reservation levels.
From econotimes.com
Why it matters
The rapid exhaustion of initial inventory in major cities like New Delhi and Mumbai indicates high consumer demand for Apple's new high-end product. This strong initial sales performance suggests a robust retail market for premium technology goods in India.
From econotimes.com
Who's involved
- Apple Inc.Manufacturer of the iPhone Duo and operator of the retail branches
- MumbaiLocation of an operational Apple branch in Mumbai
- New DelhiLocation of an operational Apple branch in New Delhi
Keep exploring
The entities involved
-
Apple Inc.
American multinational technology company based in Cupertino, California
-
Mumbai
capital city in Maharashtra, India
-
New Delhi
capital city of India