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Even so, the lag is enough to persuade punters to pay as much as 80,000 rupees $1,536 for a phone smuggled from abroad and the thriving market for bootlegged iPhones, iPads and MacBooks in India takes the shine off product releases that are such crowd- pullers for the Cupertino, California-based company back home.
A short term solution this week might trigger selling from the futures day trading crowd- in for a quick killing.
While homegrown crowd- and critic-pleasing movies including The Sweet Hereafter, Les Invasions barbares and Water have opened TIFF, casual observers often wonder why the fest has often opened with less-than-stellar titles.