New iPhones XS and iPhone XS Max Shows Disappointing Sale Figures For the First Time

Apple's new iPhone XS and iPhone XS Max smartphones went on sale in India last week that saw lower sales in the domestic market. According to the report from Economic Times, several large retailers throughout the country for the first time are left with little less than the half stock supplier to them post first weekend sales. This dip in sales is very much in contrast with previous years wherein the demand for the iPhones were very much higher than the supplies. The Indian buyers would queue up outside the stores for purchasing the new iPhone. The report also highlights that Apple imported around 1 lakh units of new iterations of iPhones with expanded availability to more stores and more markets to secure high volumes. New OnePlus 6T Image Teased Online Ahead of October Launch; Reveals Mirror Black & Midnight Black Colour Variants.

During the first three days of the launch, the sale for iPhone XS and iPhone XS Max too saw muted response, however, it was better than last year's iPhone 8. The publication also reported more than the demand has been for the iPhone XS Max 256GB variant (gold variant) that is priced at Rs 1,24,900. Apple launched the new 2018 iteration iPhone XS and iPhone XS Max last week that were priced at Rs 99,900 to Rs 1,44,900. As a reminder, the prices for last year's iPhone X started from Rs 89,000 to Rs 1.02 lakh. Huawei Y9 2019 Smartphone with Kirin 710 SoC and Four Cameras Officially Announced.

Brian Bade, Reliance Digital CEO mentioned that, "the retailer is still left with stock of the new iPhones. He, however, said some pre-booked customers are yet to collect the models probably postponing it to ride past the inauspicious period of Shradh." He further said, "While sale of the new iPhones in the first weekend was certainly more than iPhone 8 of last year, it is still less than iPhone X. It’s a super-premium smartphone and will take some time to sell in India."

Subhas Chandra, MD at Bengaluru-based Sangeetha Mobiles said, "There has been no growth in same-store sales over last year for the new iPhones and there is still stock left. However, in absolute terms, we sold more number of units of the new iPhones as compared to last year due to higher stock availability and since we also expanded the number of stores by adding 175 outlets."

(The above story first appeared on LatestLY on Oct 02, 2018 06:59 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).