"The focus of this entire (price cut) exercise is to win customers who would have thought of going to Samsung or OnePlus, to make them think whether they can spend some extra money on an iPhone XR - it's more bang for the buck", said Rushabh Doshi of tech research firm Canalys.
In the first two months of 2019, Apple shipped about 1,50,000 devices in India and is likely to see a 50 per cent drop in the March quarter from the year earlier, according to Shah.
Uncharacteristically for Apple, it is reducing the selling price of the latest iPhone XR by up to 22% from Friday to boost sales in the face of stiff competition in the premium smartphone segment in the India where it is in the third position as per latest data from market trackers, three senior industry executives said. The 256GB iPhone XR is now available for Rs 74,000 which is the pre-discount price of the 64GB iPhone XR. Notably, the 10% cashback on iPhone XR is available only on HDFC Bank Debit and Credit Cards. The other two variants launched in 2018 were iPhone XS and iPhone XS Max which come with a starting price of Rs 99,900.
Avengers: Endgame 'Mind-Blowing'; To Open Huge
It's suggested with the Chinese box office that Endgame could have a near billion dollar worldwide opening, possibly somewhere around $840 million.
Apple orders the OLED displays for Apple Watch Series 5
Apple is reportedly upgrading its iPhone technologies to come up with the Samsung as well as other brands technological progress. Shares of Japan Display rose as much as 16 percent in early trade on April 1 and were up 13 percent at 78 yen as of 0211 GMT.
United States must choose between Turkey, terrorists: Turkish VP
Reuters reported last week that Washington was exploring whether it could remove Turkey from the production of the F-35. The Pentagon has already halted the delivery of F-35 equipment to Turkey this week until it forgoes the Russian deal.
Apple's iPhone XR is expected to be an "entry-level" gadget to the company's 2018 iPhone lineup.
To be clear, this screen size would be larger than the 4-inch screen featured in the iPhone SE, but still smaller than the current 5.8-inch iPhone XS. The iPhone XR is powered by the A12 Bionic processor which is also found in the more expensive iPhones.
The iPhone XR is water resistant, with a rating of IP67, and protects against everyday spills including coffee, tea and soda. The temporary price drop in the iPhone XR comes days after it was reported that Apple may start making its newest iPhones in India. The company will soon begin assembling its top-end phones through the local unit of Hon Hai Precision Industry Co Ltd (Foxconn), Reuters previously reported.