03 Oct '11, 10am

Apple is conquering markets the world over - but not in India

MUMBAI - Apple, the world's largest smartphone maker, is having trouble selling iPhones in India, a market with 602 million active subscribers. Apple, which will introduce a new iPhone version tomorrow, ships fewer handsets to the world's second-largest mobile phone market than it does to Norway. Nokia and Research In Motion (RIM), the maker of Blackberry handsets, sell more devices in India, where smartphone shipments are forecast to grow almost 70 per cent a year until 2015, helping mitigate their market-share losses in the United States and Europe. Sales for Apple are hindered because Indian wireless carriers as they have yet to offer nationwide services fast enough to take advantage of iPhone features, said Mr Gus Papageorgiou, an analyst at Scotia Capital in Toronto. "Networks in India are just not conducive for Apple - 3G networks aren't quite where they are in Weste...

Full article: http://www.todayonline.com/Business/EDC111003-0000470/Ind...

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