Orders of the new IPhone in Russia soared, despite high prices

Pre-order demand in Russia for the new iPhone is 15% higher than for its previous model, a reseller told Reuters today, despite it being at least 50% more expensive than in the West. Russia has legalized so-called “grey” or “parallel” imports to allow products to enter the country without the permission of brands, after Western companies such as iPhone maker Apple imposed export bans in 2022 in response to the war in Ukraine. Lyudmila Semushina, a spokeswoman for the electronics retailer, said iPhones going on sale this month have arrived in Russia from “everywhere,” without naming specific countries. Countries that have not imposed sanctions against Moscow, such as Turkey, China, India, Kazakhstan and other former Soviet republics, have seen a sharp increase in trade with Russia since the war in Ukraine began. 15% Increase compared to the previous one […]
Source: News Beast

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