News Phone pricing is getting out of hand in India

[AC News]

Want to buy a flagship in India? You'll have to pay quite a lot of money — even more so than other regions.

Phone pricing is getting out of hand in India : Read more

 

[Stanley Kubrick]

I think we can all agree that phone pricing HAS BEEN out of hand EVERYWHERE for several years now! This in turn causes many people to hold on to their phones longer which "should" lower prices...you know supply-and-demand! However, due to the nature of capitalism and GREED just the opposite is happening. Because the OEM's are selling fewer phones they are RAISING the prices so as to keep their yearly revenue up! It is backwards and hurts everyone.