iPhone 5 sold out in India

According to a report on WSJ’s blog, all the iPhone 5′s in India have sold out over the opening weekend. That may sound impressive, until you read that only 10-15k units were shipped out there, and when you take in to account the estimated 1.2 billion people living there. In its first month, Apple is expected to deliver 100,000 iPhones to India, with double that figure arriving by year’s end.

“We were sold out within 24 hours of launch. It’s all gone,” said Himanshu Chakrawarti, chief executive of The MobileStore Ltd., a retailer that stocks iPhones and which has 900 outlets across India. Apple Inc.’s latest iPhone officially launched in India on Friday, more than a month after it hit major markets elsewhere.

Now anyone in India will need to wait for more to arrive as Apple is being accused of poor distribution management. It could also be to the strict quality control at Foxconn’s manufacturing plants. Cost-wise, you’re looking at 45,500 Rupees for the base, 16GB model, 52,500 Rupees for the 32GB and 59,500 for the highest storage. In U.S. Dollars that’s approximately $835, $965 and $1,100. Not cheap, by any stretch of the imagination. Even the leaked SIM-free US prices are cheaper.

Via: WSJ, MacRumors

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