iPhone 6S, 6S Plus India launch: Bookings miss target
Thanks to lower online prices, Apple's ambitious sales target for the new generation of devices could still eventually be met. Earlier this year, Apple had allowed its distributors to sell at the lowest price to the e-commerce channel, leading to a surge in sales after having followed a conservative line that meant all vendors had to hold their rates at the company-mandated level.
Adding to buyers' hesitation on pre-bookings is price. The entry model costs Rs 8,500-9,500 more than last year's launch price, said the executives cited above.
"Almost a couple of thousand potential customers who we had reached out for pre-bookings said they would be in a wait-and-watch mode since they feel prices online would crash two-three weeks after the launch just ahead of Diwali (in November)," said the chief executive officer of a leading consumer electronics chain who didn't want to be named.
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