iPhone 4 launched in India

Apple's iPhone 4 hit store shelves in India on Friday, nearly a year
after the next-generation version of the popular smartphone was rolled
out worldwide. Mobile phone carrier Aircel launched the iPhone 4 with
a new pricing model, allowing customers to recover the upfront cost of
the smartphone on select plans over 24 months, the company said in a
press release. Aircel will charge 34,500 rupees for iPhones with a 16
GB capacity and 40,900 rupees for the 32 GB model, it said. Bharti
Airtel, India's top mobile phone carrier, also launched the phone. The
iPhone 4 boasts a higher-quality screen and longer battery life than
the previous model. With more than 800 million mobile subscribers,
India is the world's second-biggest market for mobile phone services
and is also the fastest-growing. But smartphones are estimated to
account for just over 5 per cent of the mobile handset sales. Indian
carriers have recently started rolling out high-speed third-generation
mobile networks, which is expected to boost sales of smartphones.
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