“Consider that India, a market of 700 million users purchased barely 9 million smartphones last quarter,” Horace Dediu writes for Asymco. “Contrast that with the Chinese market where 1.1 billion users purchased 88 million. The preference in India is for super low cost products of dubious progeny.”
“In other words, the preference in India is about what it used to be in China two years ago,” Dediu writes. “Will India follow China out of non-consumption? It’s hard to say.”
Dediu writes, “The Indian market is not yet ‘cracked’ as Tim Cook would say. One wonders if it ever will be.”
Read more in the full article here.
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