Apple iPhone & BlackBerry patrons might be shedding tears over Argentina as the government has introduced a ban on the retailing of foreign-manufactured smart phones. So, it will affect the sales of the Apple iPhone & every BlackBerry phones. This duo constitutes for about 60% of the smart phone marketplace in the nation. Argentina states it is taking this step to improve what has been a troubled economy so far.
A number of other mobile phone producers such as Nokia, Samsung, Motorola or LG are permitted to sell their goods in the country as they all have opened factories in Argentina. Apple & RIM can avert the ban by opening a plant there or by searching a partner that is allowed to market its goods. Rumor is that RIM is searching for a partner.
In the beginning of the 2011, Argentina imposed a hefty 20.48% tax on foreign-made electronic goods, apart from the usual 21% tax that is levied on the electronic items. In the month of March, they revived the automatic import license, which pushed RIM & Apple to wait for approximately three months for Customs Authority approval for every new gizmo.
However, when the economy gets better Argentina will possibly eliminate the ban. Do you think such protectionist measures are good for the economy?
A number of other mobile phone producers such as Nokia, Samsung, Motorola or LG are permitted to sell their goods in the country as they all have opened factories in Argentina. Apple & RIM can avert the ban by opening a plant there or by searching a partner that is allowed to market its goods. Rumor is that RIM is searching for a partner.
In the beginning of the 2011, Argentina imposed a hefty 20.48% tax on foreign-made electronic goods, apart from the usual 21% tax that is levied on the electronic items. In the month of March, they revived the automatic import license, which pushed RIM & Apple to wait for approximately three months for Customs Authority approval for every new gizmo.
However, when the economy gets better Argentina will possibly eliminate the ban. Do you think such protectionist measures are good for the economy?
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