Not so long ago, India was off the radar for the famous FAANG group of tech giants who have disrupted the way billions of people communicate, connect, shop and entertain globally. Today, the famous five — Facebook, Apple, Amazon, Netflix and Google — are fighting for space in the “mobile first” Indian market where digitisation …
Apple CEO Tim Cook has said that growth in India has bounced back in the April-June quarter, after an underwhelming first six months of the fiscal year which underlined the iconic smartphone maker’s challenges in the South Asian nation in the face of competition from Chinese rivals such as Xiaomi and OnePlus, besides South Korea’s …
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 …
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 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 …
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 …
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 …
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 …
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 …
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 …