It became known that a batch of iPhone 13 smartphones worth about $ 6 million was detained at the Mumbai airport. Apple products tried to smuggle into India under the guise of memory cards.
India seizes a consignment of smuggled iPhone 13 worth $6 million
Customs officials found out that the iPhones belong to an Indian commercial firm. During the inspection of the cargo, a discrepancy between the actual cargo and the declared one was found. The importer tried in this way to underestimate the value of the cargo and reduce the amount of customs duties that are charged when crossing the imported goods across the border of India. Of course, the name of the company that tried to illegally import the iPhone is kept secret.
An attempt took place to illegally import 3,646 iPhone 13 units. Their total cost was about $ 5.7 million. The smuggled cargo was seized. Interestingly, the importer also tried to smuggle 12 Google Pixel 6 Pro units into India, as well as a number of wearable gadgets, including the Apple Watch. A case is under investigation on the incident.
Gizchina News of the week
Apple was able to sell 10 million iPhones in the past weekend alone
The pandemic and the resulting shortage of semiconductor components have disrupted many industry trends; but this is unlikely to discourage consumers from purchasing gifts during the so-called sale season. According to analysts at Wedbush Securities, over the weekend alone, Apple was able to sell more than 10 million iPhones, and about 40 million smartphones will be sold by the end of December.
According to Wedbush Securities, Apple stores continue to suffer from a shortage of iPhone 13 Pro smartphones; with demand exceeding supply by about 15% and order waiting times stretching for weeks. In total, according to the results of the fourth calendar quarter, Apple can sell more than 80 million smartphones. In China alone, in December, according to the source, at least 15 million iPhones could be sold.
According to experts, the impact of the shortage of chips on the availability of smartphones for sale will be temporary; and the deferred demand for the iPhone will be able to support Apple’s financial performance for a long time to come. The company’s new fiscal year began in October on the company’s calendar and could sell nearly 100 million AirPods wireless over the next 12 months, Wedbush Securities said. This product category will generate more than 5% of Apple’s total revenue in FY2022.
It is worth mentioning that recently; it became known that Apple has overlooked Vivo in smartphone sales in China in October. Apple has experienced another spike in branded smartphone sales; since the launch of the iPhone 13 series in September this year.