Apple's handset sales in India have quadrupled and now the company has expanded its presence in the 1.25 billion people market by launching its third-generation Apple TV for Rs. 7,900, or about $150. The set-top box costs $99 in the United States, but Apple's products typically command a premium in BRIC countries due to high import taxes and VAT.
After launching the iPhone 5 in India in November 2012, and as a prelude to today's Apple TV launch, Apple in December 2012 officially launched the iTunes Store in 56 new countries, including India...