Skip to main content

Market Overview

The iPhone Ban In Iran: Officials Confirm The Rhyme's For Real This Time

Share:
The iPhone Ban In Iran: Officials Confirm The Rhyme's For Real This Time

Iran is threatening to ban Apple Inc. (NASDAQ: AAPL) from its 80-million-people market unless the company registers itself as an official representative, in compliance with the country's anti-smuggling requirements. According to Iran’s Tasnim News Agency, the government will require all mobile phones to be registered with the public telecommunications user database starting next week.

This is a move aimed at controlling mobile phone smuggling, the news source said. Apparently, illegal devices are a big issue in the country.

Related Link: Boeing's Deal With Iran: More Than Just Selling Airplanes

As per Tasnim, the director of Iran's anti-smuggling office assured that it would “collect” all iPhones from the market, unless the tech behemoth registered “an official representative in Iran within the next few days.” However, this measure would not reach phones bought before this announcement, the Persian government agency added.

Another article, published on the Japan Times stated that 40 million Iranians use smartphones, and many of them are smuggled — especially iPhones, as Apple does not sell them directly in the country. Very similar situations have occurred in many Latin American countries, where only recently Apple started selling its devices officially. However, millions of people owned iPhones before that, not all of which were bought during a trip abroad.

Did you like this article? Could it have been improved? Please email feedback@benzinga.com with the story link to let us know!

Disclosure: Javier Hasse holds no interest in any of the securities or entities mentioned above.

 

Related Articles (AAPL)

View Comments and Join the Discussion!

Posted-In: iPhone IranNews Politics Global Tech Media General Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com