That is incorrect. Single-brand retailers have been allowed for a while now, and can own their stores up to 100% if they wish. There is no local manufacturing requirement if the foreign brand wants to have 51% ownership or less. Apple can set up Apple Stores there if it wants to. Whether it does with just 51% ownership is another matter.
I didn't word it as well as I should have, but Apple can't own its own stores without partnering with an Indian company, or manufacturing locally. You've proven that for me. Thanks!
You are welcome to buy it here in Brazil, where the Sport version starts at 759 US dollars!
That's 410 bucks of markup.
Brazilians can only dream about the "huge premium" practiced in India...
Whoa. I'm surprised they manage to sell any watches at that price.
Is this basically just to favor domestic companies? Would it matter if Apple opened a larger operation or subsidiary in Brazil, or would it always be considered an foreign company.
Apple India website is getting from bad to worse. First they pulled out the online catalogue which was a great reference for product details and prices (in absence of an online store). Now they have started not to disclose pricing of certain products at all and for most buried under pages not easily discoverable.
There is no detail of model-wise pricing for the Watch, on the Apple India website! All information has to be sourced from resellers and market in general.
Hey man, there are two reasons I still hold fast to my iPhone 4S and my iPad 2:
1. They still work great! Beat the cr*p out of some friends' brand new Androids. 2. While I can afford to buy new ones, I just can't justify the expense in my mind, it's just ludicrous...
Because of the dollar valuation (it almost doubled in the last 18 months, compared to our local currency), imported goods are becoming luxury items, getting out of reach of middle class (me here!!!).
The tax for imported consumer electronics is about 60%. Apple does have some assembly done here, but it makes no difference, all parts are imported so the cost is about the same as the ones made in China.
The rest of the difference is attributed to how retail works in Brazil. Instead of lower margins aiming for volume sales, here resellers want to make a ton of money on unity sales.
Just to illustrate, any respectable looking clothes shop here applies between 300–400% margins in the sale of a T-shirt. It's a cultural thing here that is not going to change soon...
I sure would like to buy an Apple Watch, but as I would need a new iPhone for it to work, and as of now, my greater need is for a new Mac, that is not even on the horizon...
What an offensive, ludicrous, pointless comment, intended as nothing more than a snide insult. It would be like, if someone said, "more than half the Bonnie Scots have bad teeth, that's why the VAT there is so high, that's a lot of dentistry to buy."
See how that goes?
Just pointing out that they are complaining about the price of a non essential luxury item whilst ~50% of the population haven't got a pot to **** in
is it not true? i have no idea. how much of India is poverty-ridden and lacking in plumbing, sanitation, etc.. i saw a lot of that in china in 1999. much of the rural countryside was third-world -- mud huts, residential caves, etc.
is it not true? i have no idea. how much of India is poverty-ridden and lacking in plumbing, sanitation, etc.. i saw a lot of that in china in 1999. much of the rural countryside was third-world -- mud huts, residential caves, etc.
WTF does that have to do with import duties on Apple products?
WTF does that have to do with import duties on Apple products?
C'mon... stick to the topic.
nice deflection. I don't know what your topic is, but mine was asking if his stated figure of 600 million living with poor sanitation was inaccurate. you haven't said no. asking the question (or his original post) isn't an insult.
India's import duties are crippling. The government has, for a very long time, discouraged imports in order to foster development of its own manufacturing industry. It hasn't worked out as well as they wanted, but they keep doing it. Apple is even having trouble convincing the government that they should be allowed to own, and run their own stores. India makes that almost impossible as well.
This has held development back.
This is a perfect example of how protectionism is counterproductive in democracies. India needs to encourage foreign direct investment, not discourage it.
What an offensive, ludicrous, pointless comment, intended as nothing more than a snide insult. It would be like, if someone said, "more than half the Bonnie Scots have bad teeth, that's why the VAT there is so high, that's a lot of dentistry to buy."
See how that goes?
my question seems to have vanished...I didn't interpret his post as an insult, but as a statement -- that the poverty and lack of adequate sanitation could be part of the reason tariffs are so high. but I've not been to India -- do 600 million really not have access to modern sanitation?
This is a perfect example of how protectionism is counterproductive in democracies. India needs to encourage foreign direct investment, not discourage it.
Why do you want India to kill itself? That’s the exact opposite of what a healthy nation should do.
This is a perfect example of how protectionism is counterproductive in democracies. India needs to encourage foreign direct investment, not discourage it.
This is also a problem inherent in a democracy (the US is not a direct democracy). A democracy ensures that minority interests and the individual will be crushed under the weight and voting power of the majority.
my question seems to have vanished...I didn't interpret his post as an insult, but as a statement -- that the poverty and lack of adequate sanitation could be part of the reason tariffs are so high. but I've not been to India -- do 600 million really not have access to modern sanitation?
It is irrelevant that the 600 million people might not have modern sanitation, but they have money in their pocket that the American, European, Korean companies are trying to get to. The import tax is levied not only in India, but many other countries. We should first be looking at our tax codes, and financial practices before we start throwing stones at other countries.
A very wise timing move by Apple. Diwali is just around the corner. Diwali is just like Christmas there. I am surprised about why Hermes edition is not there, because you will find loads of buyer for it.
I suppose if you can afford the Hermes you'll just pick one up in Europe or the US anyway.
I think you are being a Jack Ass by asking similar question. It is irrelevant that the 600 million people might not have modern sanitation, but they have money in their pocket that the American, European, Korean companies are trying to get to. The import tax is levied not only in India, but many other countries. We should first be looking at our tax codes, and financial practices before we start throwing stones at other countries.
I flagged you for calling me a jackass. discuss the topics, not the man.
there seems to be a lot of sensitivity regarding the question and I'm unsure why. I've never been to India. is half the population really without access to adequate sanitation? why does this question upset you? who's throwing stones?
It is irrelevant that the 600 million people might not have modern sanitation, but they have money in their pocket that the American, European, Korean companies are trying to get to. The import tax is levied not only in India, but many other countries. We should first be looking at our tax codes, and financial practices before we start throwing stones at other countries.
who is throwing stones?? I'm asking a question about life in India for those that know, as some here have indicated that they do. it has nothing to do w/ any sort of economic policy that you may be implying or interpreting or otherwise reading into my post.
who is throwing stones?? I'm asking a question about life in India for those that know, as some here have indicated that they do. it has nothing to do w/ any sort of economic policy that you may be implying or interpreting or otherwise reading into my post.
Comments
I didn't word it as well as I should have, but Apple can't own its own stores without partnering with an Indian company, or manufacturing locally. You've proven that for me. Thanks!
Huge premium is such a relative concept.
You are welcome to buy it here in Brazil, where the Sport version starts at 759 US dollars!
That's 410 bucks of markup.
Brazilians can only dream about the "huge premium" practiced in India...
Whoa. I'm surprised they manage to sell any watches at that price.
Is this basically just to favor domestic companies? Would it matter if Apple opened a larger operation or subsidiary in Brazil, or would it always be considered an foreign company.
There is no detail of model-wise pricing for the Watch, on the Apple India website! All information has to be sourced from resellers and market in general.
I know I know, just pure coincidence
Coincidently too, all my fillings I had in Scotland have required enough $s in crowns to buy a BMW since emigrating to the USA.
1. They still work great! Beat the cr*p out of some friends' brand new Androids.
2. While I can afford to buy new ones, I just can't justify the expense in my mind, it's just ludicrous...
Because of the dollar valuation (it almost doubled in the last 18 months, compared to our local currency), imported goods are becoming luxury items, getting out of reach of middle class (me here!!!).
The tax for imported consumer electronics is about 60%. Apple does have some assembly done here, but it makes no difference, all parts are imported so the cost is about the same as the ones made in China.
The rest of the difference is attributed to how retail works in Brazil. Instead of lower margins aiming for volume sales, here resellers want to make a ton of money on unity sales.
Just to illustrate, any respectable looking clothes shop here applies between 300–400% margins in the sale of a T-shirt. It's a cultural thing here that is not going to change soon...
I sure would like to buy an Apple Watch, but as I would need a new iPhone for it to work, and as of now, my greater need is for a new Mac, that is not even on the horizon...
Just pointing out that they are complaining about the price of a non essential luxury item whilst ~50% of the population haven't got a pot to **** in
Just pointing out that they are complaining about the price of a non essential luxury item whilst ~50% of the population haven't got a pot to **** in
Heard you twice the first time.
Your **** couldn't have been any clearer.
is it not true? i have no idea. how much of India is poverty-ridden and lacking in plumbing, sanitation, etc.. i saw a lot of that in china in 1999. much of the rural countryside was third-world -- mud huts, residential caves, etc.
Heard you twice the first time.
Your **** couldn't have been any clearer.
is it not true? i have no idea. how much of India is poverty-ridden and lacking in plumbing, sanitation, etc.. i saw a lot of that in china in 1999. much of the rural countryside was third-world -- mud huts, residential caves, etc.
WTF does that have to do with import duties on Apple products?
C'mon... stick to the topic.
nice deflection. I don't know what your topic is, but mine was asking if his stated figure of 600 million living with poor sanitation was inaccurate. you haven't said no. asking the question (or his original post) isn't an insult.
This is a perfect example of how protectionism is counterproductive in democracies. India needs to encourage foreign direct investment, not discourage it.
my question seems to have vanished...I didn't interpret his post as an insult, but as a statement -- that the poverty and lack of adequate sanitation could be part of the reason tariffs are so high. but I've not been to India -- do 600 million really not have access to modern sanitation?
Why do you want India to kill itself? That’s the exact opposite of what a healthy nation should do.
Domestic free trade, foreign protectionism.
This is also a problem inherent in a democracy (the US is not a direct democracy). A democracy ensures that minority interests and the individual will be crushed under the weight and voting power of the majority.
my question seems to have vanished...I didn't interpret his post as an insult, but as a statement -- that the poverty and lack of adequate sanitation could be part of the reason tariffs are so high. but I've not been to India -- do 600 million really not have access to modern sanitation?
It is irrelevant that the 600 million people might not have modern sanitation, but they have money in their pocket that the American, European, Korean companies are trying to get to. The import tax is levied not only in India, but many other countries. We should first be looking at our tax codes, and financial practices before we start throwing stones at other countries.
A very wise timing move by Apple. Diwali is just around the corner. Diwali is just like Christmas there. I am surprised about why Hermes edition is not there, because you will find loads of buyer for it.
I suppose if you can afford the Hermes you'll just pick one up in Europe or the US anyway.
I flagged you for calling me a jackass. discuss the topics, not the man.
there seems to be a lot of sensitivity regarding the question and I'm unsure why. I've never been to India. is half the population really without access to adequate sanitation? why does this question upset you? who's throwing stones?
Seems so.
I think he thinks it’s just irrelevant.
who is throwing stones?? I'm asking a question about life in India for those that know, as some here have indicated that they do. it has nothing to do w/ any sort of economic policy that you may be implying or interpreting or otherwise reading into my post.
Why so hypersensitive?