![]() The iPhone manufacturer reportedly occupies a mere 3 per cent smartphone market share in India. However, the sale of iPhones are increasing in the country. According to a Bloomberg report, Apple’s total sales in India jumped around 50 per cent from previous financial year to reach almost $6 billion in the financial year ending March 2023.Īpple first started manufacturing in India in 2017 and has since assembled a number of iPhone models in the country through Taiwanese contract electronics manufacturers Foxconn and Wistron Corp.īloomberg reported that the tech giant tripled its iPhone manufacturing in India in the last financial year, producing over $7 billion worth of smartphones. Currently, the iPhone manufacturer occupies a mere 3 per cent market share in India, according to Reuters. Since 2017, the iOS App Design and Development Accelerator in Karnataka’s Bengaluru has held sessions for more than 15,000 developers in the country, reported HT.Īpple has a long way to go before it dominates India’s smartphone market. In India, Apple says it supports over a million developer jobs, while the App Store payouts to developers have hiked over three times since 2018. The company is heavily reliant on developers in the country for its App Store, as per a Hindustan Times (HT) report. It also opened its online store in the country in 2020. The California-based company has been trying to open its flagship retail store for years but regulatory hurdles and the COVID-19 pandemic delayed its plans, according to Associated Press (AP).Īpple has been selling its product in India through e-commerce websites such as Inc and Walmart Inc’s Flipkart and stores run by Indian partners – Imagine and Future World. The staff at Apple Stores are also equipped with mobile point of sale (mPOS) that accelerate sales and prevent long queues.Īpple is marking 25 years in India this year, with the launch of its first retail stores and boosting its manufacturing base. These trained Apple Geniuses help users in making the purchase decisions and troubleshoot problems with the devices. The other defining feature of Apple Stores is Genius Bar which offers technical support to consumers for all its products and services. Under this, local artists and creators will come together to celebrate the local community and culture, the report added. Other premium products, such as iPad and Macbook, have also earned a fair share of success in the Indian industry, said Cook.These stores also have Today At Apple sessions with experts which help consumers get acquainted with the iPhone maker’s latest products and services.Īccording to a TechPP report, Apple Inc will hold Today At Apple sessions titled Mumbai Rising throughout the summer. He added that the Apple Online Store had been a major catalyst in achieving this success streak in India. ![]() ![]() Tom Cook shared that the iPhone has been performing well in the Indian smartphone market. with a diverse customer base that thrives on premium products including smartphones, tablets, and earphones.ĪLSO READ: Oppo Reno 8T is priced at Rs 29,999: All you need to know India has been a progressive market space for Apple Inc. He stated that he is elated about the wide-scale success of Apple’s business in India. The spearhead revealed that the team has succeeded in setting a quarterly revenue record in India, with revenue figures growing double digits in succession over the years. ![]() The store will help Apple strengthen its business in the country. Speaking about this, Tom confirmed that the company would soon launch an ‘Apple Store’ in India to facilitate Apple products' retail sales. ALSO READ: 5 water-heater to buy for your homeĪccording to reports, Apple witnessed an impressive surge in its revenue in the first quarter in India.
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