In March this year, Apple revealed that the App Store hosts over 300,000 free and paid iOS games worldwide. The Cupertino giant has steadily made the App Store an attractive destination for not only the makers of renowned titles such as Clash of Clans and PUBG Mobile but also a large number of indie game …
As India-US teams meet to resolve trade bumps, Apple gets a big boost
Even as India and the US were engaged in hectic talks to smooth over ruffled trade ties, in the backdrop of US President Donald Trump’s warning India that high tariffs on American products were “no longer acceptable”, the Indian government has been quietly giving top US brands such as Apple and Walmart relaxations in FDI …
Apple is one step closer to setting up its retail stores in India
Apple hasn’t had much to celebrate in India of late, but 2019 is becoming a turning point for the company. The Indian government has signed off on two key factories, allowing Apple to locally manufacture iPhones. That’s a huge deal because India has a prohibitive 30% import tax on devices that are imported from other …
India Changes Foreign Investment Rules for the Single Brand Retail Sector giving Apple the Green Light for its First Store
In February Patently Apple posted a report titled “The Lack of Flagship Apple Stores in India is Damaging Apple’s Premium Brand. Then in early May a new rumor surfaced that after the Indian elections there could be some movement on allowing Apple to proceed with their first flagship Apple Store in India. Modi went on …
Budget 2019: India to ease local sourcing norms for single brand retail, Apple benefits
India’s plans to ease local sourcing rules in single brand retail are set to help Apple the most among other foreign companies such as OnePlus and Oppo wanting to open their own stores in India, said analysts and sector watchers. The move is aimed at attracting higher foreign investment at a time when global foreign direct investment (FDI) flows …
Relaxed Local Sourcing Norms for Single Brand Retail Will Boost Economy, Experts Say
The government’s decision to relax local sourcing norms for foreign direct investment (FDI) in single brand retail trading would not in anyway upset the equilibrium of the organic retail and would add to our economy, industry experts said on Friday. In a boost for companies like Apple, Finance Minister Nirmala Sitharaman on Friday announced to …
Ease in local sourcing norms big boost for firms like Apple
In a boost for smartphone makers like Apple and horde of Chinese vendors to open exclusive retails stores in the country, the government on Friday announced to relax the mandatory 30 per cent local sourcing norms for FDI in the single-brand retail sector. Tech companies have time and again reiterated that it was difficult for …
The Apple Conundrum: From ‘Moonshots’ to ‘Me-Too’?
As a company that has been globally recognized for its excellence in innovation and product engineering, Apple has had a gold run with its trailblazing iPhones, and other category defining products. Think iPad, Apple Watch or the Macs. Each successive generation of iPhones has helped Apple grow, on the back of increasing consumer appetite. The …
Oppo leads Apple, Samsung in race to win over youngsters in India
Apple and Samsung, the flagbearers of innovation in the consumer technology space for years, may be losing the trust of young Indian consumers to a Chinese rival. Oppo Mobile India, the local subsidiary of China’s BBK Electronics, has emerged as the most-preferred innovative handset brand in the premium segment, as per an independent study conducted …
OPPO, Samsung, Apple most preferred brands by Gen Z
Gen Z users are looking for smartphones that deliver superior consumer experience with premium tech innovations at entry-level prices, and OPPO, Samsung and Apple are the top three brands that find favour with consumers, a new survey said on Friday. At least 78 per cent Gen Z consumers see smartphones as a symbol of their …