Both chain owners and small scale retailers are furious over Apple’s decision to cut margins as it means lower profits for them while the Cupertino giant makes the most out of higher margins, according to a report by The Economic Times. The report adds that Apple’s move in India has caused some retailers like Sangeetha Mobiles, for example, to stop taking orders of the iPhone X. This will further reduce the supply of the flagship in the country which is already seeing a pretty huge demand..
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