Apple's India dilemma: iPhones at cheaper rates help up sales, but profits sink

Economic TimesApple's India dilemma: iPhones at cheaper rates help up sales, but profits sinkEconomic TimesThe past few days have been incredibly lucrative for Apple retailers as iPhone 5s went out of stock in less than 24 hours of its retail launch in India — a first for the iPhone maker in the country. And if there are Indians who swear by Apple, CEO Tim ...