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Showing posts with the label Reliance Jio's iPhone Offer May Boost Apple's India Presence

Reliance Jio's iPhone Offer May Boost Apple's India Presence

The offer assures customers buying the latest iPhones through Jio that they will get back 70% of the cost after a year of use. Reliance Jio's offer on the latest iPhones could help boost Apple's presence in the country New Delhi/Mumbai:  India's Reliance said on Friday that customers of its Jio telecoms unit who buy the latest Apple iPhone models from partner stores could sell them back in a year at a guaranteed price, a move that could help the U.S. tech firm expand in India. The offer, which comes during the Indian festive season when discretionary spending typically rises, assures customers buying iPhone 8, 8 Plus and iPhone X models through Jio that they will get back 70 percent of the cost after a year of use. Apart from possibly lifting Apple sales in India, the move could also draw more high-paying customers to the Jio network. Cupertino, California-based Apple is keen to sell more iPhones in India, one of the world's biggest smartphone markets, but the high...