Indian Retailers Demand ₹1 Lakh Extra for iPhone Duo Amid Pre-Booking Rush
· Technology · shattered.io
Retailers across India are demanding a premium of ₹1 lakh above the official retail price for the new iPhone Duo. The device's entire stock allocated for the first week of sales in India has already been fully pre-booked. On quick-commerce platform Blinkit, initial inventory of the smartphone sold out within five minutes of going live. The intense consumer demand and limited initial supply have led to rapid sell-outs across online and offline retail channels.
Why it matters
Extreme supply constraints and scalping premiums hit Indian consumers looking to buy the device at official retail prices, while underscoring high demand for premium smartphones in the market.
Read the original report — shattered.io
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