BANGALORE: Just a day after Apple’s announcement of iPhone 6’s launch in India, preorders for the new iPhones made a kick start. Apple revealed that it has sold over 10 million iPhone 6 and 6 Plus models; a record for a new model, in the three days after the phones went on sale.

The phone was available at EMI at different online and retail stores but unfortunately Apple has decided not to sell iPhones anymore on EMI till January because of the exceptional and unmatched demand in the market. However, some stock is still available at Amazon, Flipkart and Infibeam.

Apple CEO Tim Cook said that demand for the phones has exceeded the company’s expectations. Besides larger screens, the new phones offer faster performance and a wireless chip for making credit card payments. According to 2 senior executives close to Apple's operations in India said, “The Company will evaluate the decision not to offer financing options for the new iPhones only in the January quarter,” reports Digit.

Earlier Apple had tied up with Bajaj Finance and Capital First to offer zero-interest finance scheme on the majority of its products, but this scheme has not been available for the new iPhones launched on October 17.

The foremost reason, why Apple took such a decision is because Apple is offering iPhones at zero percent while if it continues to do so; it has to bear the interest cost of 5-6 percent on its own.

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