Souq.com makes a sale of over AED 600,000 worth on the latest iPhone in less than a week; making it a premier selling platform for high –tech products
Souq.com forecast more sales and growing demand for Apple products in the region
Dubai, UAE- July 4th, 2010: Souq.com has reported a record sale of over AED 600,000 on the latest iPhone 4 in less than a week from the time the first phone was sold on the site. Furthermore, Souq.com sellers have listed more than 400 units of the latest iPhone since Apple officially launched the latest version. Souq.com has forecast more sales and strong demand for iPhone 4 and Apple products in the region.
Souq.com is the leading and largest online marketplace for buyers and sellers to interact in the Arab region and now serves over 500,000 active buyers and sellers in the region. Souq.com confirmed that the iPhone is currently the most searched word on its site, highlighting a growing demand for the latest gadget. The 16GB and 32GB iPhone 4 price ranges from AED 3,300 and AED 5,000 respectively on Souq.com; but as the demand increases, prices are expected to fall lower than 30 percent.
Maurizio Valentini, Country Manager of Souq.com said: “The Middle East region is a hot spot for consumers, looking for the latest and high-tech gadgets and products. iPhone 4 is one of the many products sold on Souq.com, making us an exclusive platform to sell the latest next-gen products online. Souq.com constantly offers consumers in the region the best and the latest deals online.”
Souq.com has become an internet platform of choice for many buyers and sellers to interact online. Souq.com has expanded to include several features and different categories to offer a convenient, secure and richer online experience to users in Middle East; including Souq SafePay and Souq Buyer Protection Program which guarantees 100% protection to buyers and sellers when transacting on Souq, Souq Motors, Souq Property and a wide-range of consumer products.
