The cheapest iPhone 4 costs US$705 at Reliance’s iStore, while the cheapest iPad 2 sells for about US$603. In Apple’s US online store, the iPhone 4 starts at US$199 with an AT&T Inc contract and the iPad starts at US$499.
BlackBerrys under US$200 made up 40 percent of their shipments in India in the quarter ended June 30, said T.Z. Wong, an analyst for IDC.
“I don’t think Apple is a brand for the masses,” said Ajit Joshi, managing director of Croma, which also sells other brands besides Apple. “It’s a brand for the classes.”