In its move to tackle the consumer disappointment that happened when the iPhone 3G’s prices were announced, Vodafone has plans to lower down the iPhone prices plus the company has tied up with banks so that people can buy the “Costly” iPhone 3G on EMI, good move. Vodafone has tied up with Axis and Barclays and will make the iPhone available in six or twelve equal monthly installments and ICICI Bank is also on the line to sign a contratc with Vodafone. The banks are also benefiting from this as users have to buy the iPhone using the credit card of these banks only but the interest rate on the credit card EMI will be lower than what they will pay on normal credit card bills. It seems that Vodafone has realized that cost factor attached to the iPhone will hamper the sales and that is the reason the company is coming up with schemes within few days of the launch….is AirTel sleeping or is just overconfident???
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2:25 PM
Hi,
I am not sure if that will really help. As for me, not that I do not have the money to spend on iphone, its just that I think its not worth spending 31K. Giving it on EMI does not help here much, and on top of that, they are using Barclays Bank, which has the shittiest reputation as a Credit Card/Finance provider among Indian consumers.
2:27 PM
@Asif - You are totally in-sync with me dude. First and most important question to ask is, Is the Iphone 3G worth spending 31K and that also using credit card, no WAY!!!