iPhone may not come cheap in India

July 2, 2008

Vodafone and Airtel started pre-registering customers for the iPhone 3G this week, and ever since, offices and blogs have been abuzz with discussions on what Apple’s much-awaited product will be priced at.

Many think it will be just a shade over Rs 8,000 — the rupee equivalent of the price in the US, which is $199. Now, that’s a fantastic price for the 8GB product, and will certainly have every competitor worried.

Nokia’s 8GB N95 smartphone, for instance, is priced at well over Rs 25,000, and its new N96 is expected to come at over Rs 36,000.

But we think the iPhone, expected to hit the Indian market in September, will be priced substantially higher than Rs 8,000.

The $199 price is a hugely subsidised one, subsidised by the US operator AT&T. Market researcher iSuppli has just estimated that mobile phone service providers are subsidising each handset to the extent of $300.

Some other analysts think the subsidy is higher at $350 per unit. In other words, the actual price that AT&T pays to Apple for each iPhone unit is $499, going by the iSuppli estimate.

Vodafone and Airtel are unwilling to talk about the price they will offer the iPhone at, but Bharti Airtel CEO Manoj Kohli told TOI there is no question of subsidising the handset in India. “US operators are able to subsidise handsets because they can make up for that with their call charges. They charge rates like 25 cents a minute. In India, the charge is 1.5 to 2 cents a minute,” Kohli said.

In the absence of a subsidy then, the handset could be priced at $499 or a little over Rs 21,000 (governmental levies on mobile phones in India are marginal).
Unless Apple chooses to offer the iPhone at lower margins to countries like India. iSuppli estimates it costs Apple just $173 to produce the latest version (excluding the cost of software development, shipping, distribution, packaging and accessories included with each iPhone). So it enjoys a huge margin on the product.
We’ll have to see if Apple’s CEO Steve Jobs is willing to sacrifice some of that.  But any which way, even at a price of Rs 21,000, the iPhone looks certain to sizzle the handset market.

Source: TimesofIndia

The right way to quit your job

July 2, 2008

Normally such thoughts comes into our minds Why had he left? “I had kind of reached saturation point with the work I was doing at the time. Then why the return? “I enjoyed my new profile and the new job was challenging.

But why do people leave thier jobs on a bad note? “There are quite a few reasons for that:

    • When their expectations are not met
    • They find it difficult to get adjusted to the organisations culture
    • There is a gap between what is expected and what is communicated. Inefficiency in expectation management.
    • Difference of opinion among the peers, politics, favoritism etc
    • Sometimes, when there is a change of management and a new dimension is added to their roles and responsibilities and after trying hard to negotiate they find it difficult to accept the new term

How to quit gracefully

  • Serve your notice period
  • Explain why you are leaving and that you would be interested in returning at a future date
  • Perform productively during your notice period
  • Hire or help hire a replacement
  • Train your replacement to the best of your ability
  • Do not steal or delete files/data that you have worked on
  • Stay in touch with ex-colleagues/bosse

Cell Phone Policy California: goes into effect

July 2, 2008

Starting today the California Wireless Telephone Automobile Safety Act (S.B. 1613) signed by Governor Schwarzenegger goes into effect.

The new law will make it illegal to drive while using a cell phone unless the phone is configured to allow hands-free listening and talking and is used in that manner while driving. Violations of the law carry a fine of $20 for the first offense and $50 for subsequent offenses.

Having a written policy in place that addresses your organization’s expectations for cell phone use during working hours and while driving on company business is essential–especially if you have employees who regularly drive as part of their jobs and frequently need to make business calls while on the road.

Source: Cal/OSHA Compliance Advisor

Ranbaxy units face FDA heat after inspections

July 2, 2008

TWO manufacturing facilities of Ranbaxy Laboratories are learnt to have come under the scanner of the US Food and Drug Administration (USFDA), the drug regulatory body in the US. All pharma companies have to get USFDA approval for selling medicines in the US. This is in addition to the company’s Paonta Sahib (Himachal Pradesh) plant, which has been the subject of USFDA investigations for the past two years.

USFDA concern:

Sources said that USFDA has given a ‘not approved’ rating to new products manufactured at the facility, although this could not be independently confirmed. In the Batamandi plant, USFDA is learnt to have raised objections over the validation of equipment used to manufacture products at the facility.

For Ranbaxy US is single largest market, and in 2007, its US sales stood at $386 million, accounting for 22.89% of the company’s global sales. It is believed that Ranbaxy’s manufacturing facility in New Jersey is now a major supplier for the US market.

Other companies too like:

Sun Pharma had to withdraw batches of generic metformin tablets, used to treat diabetes, on efficacy grounds. A couple of years ago, USFDA had also asked Wockhardt to correct several deficiencies.

Source: Economic Times