Apple's best hope in India is to sell refurbished iPhones, and it's not looking good

Apple's iPhone sales might be slowing down in the rest of the world, but they grew by a phenomenal 56% in India last quarter, one of the few bright spots in Apple's otherwise "dismal" earnings. No wonder then Apple has big plans for the world's fastest-growing smartphone market, that includes setting up its stores and selling refurbished iPhones (or is that iPhone devices?) in the country. But it is likely going to be a steep uphill climb.

While Apple might have received the nod from the Indian government to open its retail stores in India, its plans to sell refurbished iPhones are encountering serious resistance from the Mobile and Communications Council, a newly formed industry body comprising smartphone rivals Samsung, Micromax and Intex, among others. Apple has applied to the government of India to let it import what it calls "certified pre-owned" iPhones Read more...