The Indian market for mobile devices is becoming increasingly important for companies seeking growth in emerging markets. IDC's most recent estimates peg Samsung as the market leader, with 16% market share, while Apple (AAPL -1.06%) enjoys just 10% of the market. The overall market is expected to soar this year to 6 million units, driven by low-cost devices. Apple has made several moves toward affordability recently, particularly with the iPhone 4.
In the video below, Fool contributor Evan Niu, CFA, explains how the company could use a similar strategy with the iPad Mini once newer models are released.