
The immensely successful, Steve-Jobs inspired Apple product 'the iPhone' is making it big in India. Thanks to the EMI as well as cash back schemes offered, Apple India's monthly iPhone sales have risen by 300% to 400% over the last few months. To quote the numbers, the iPhone sales are now nearing 400,000 units per month in India (analysts at Credit Suisse share). That is huge. How is this news significant, you ask? Well, it is the fact that the budget-driven, low-end feature phone prone audience in India no more seems to be perceiving the iPhone as...