Apple (AAPL) is Making Strong Gains in India Amid Falling Currency

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Apple (AAPL) Keeps Prices Firm in India Amid Falling Currency; Will It Be Enough?

September 10, 2013 7:48 AM EDT

While focus is on Apple (Nasdaq: AAPL) debuting a new, low-cost iPhone to take more mobile market share in China, an intriguing story is brewing elsewhere.

As India continues to be one of the top smartphone markets in the world, Apple is maintaining prices on its iPhone even as the rupee has fallen over 14 percent this... More