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Well this is just a trial product being launch in the market we will get to know with the response later from the feedback and what he will do next. Things are yet to come this is just a cookie.
As we know that google unveils Android one and first they are going to release in India at cheaper prices. Google should organize an event like Apple when they are going to unveil something exciting new product. But dont know why they are not going to do that. I think this will not affect Apple products by selling things at cheaper prices, but main thing is the quality and standard... Anyway, If Android One is going to express a good quality and attracts users, then may be it affects apple but not to an extent to minimize the Apple popularity.