Apple posted a double-digit revenue growth in India in the quarter ending June, and has since doubled its business in India in FY 2021 with a stellar performance. As per Apple, it generated a quarterly revenue of $83.4Bn in Q4 2021. Demand was very robust, and Apple set another quarterly record despite larger-than-expected supply constraints. …
Apple logs >140% growth in Q2, iPhone 11 top performer
Apple registered more than 140 per cent growth in India in the second quarter this year, as iPhone 11 continued to perform well with a strong aspirational brand value, a report showed on Wednesday. iPhone 11 contributed over 60 per cent of the iPhone shipments during the April-June quarter in the country, according to data …
Apple Online Store coming, with strong tailwinds for Apple
For Indians, Apple has always been an aspirational brand of choice. After many years of waiting, Apple’s relationship with India is finally getting more intimate and potentially more stronger now. The Apple Online Store is launching in India on September 23, 2020. I believe the Apple Online Store is just the first in a series …
Apple’s iPhone Shipments in India up Double Digits in 2020
Riding on strong demand for iPhone 11 and other models, Apple logged a massive 55%+ growth in iPhone shipments for the India market in January and February this year compared to the same period in 2019. There was no impact on supply issues owing to of new coronavirus in the first two months on Apple …
Will the coronavirus disrupt Indian Smartphone Manufacturing?
China is the hub of the global smartphone manufacturing supply chain. In fact, it accounts for almost 85% of the mobile phone components imported into India. Roughly, 12% of semi-knocked down (SKD) components are being sourced locally. The dependency of the world, as well as of India, on China for electronics components, cannot be emphasised. …
Apple Q1 2020 Earnings: Behind Apple’s Growth in India
Apple turned around its India story in 2019, by doubling its market share to 2%. At the Apple Q1 2020 earnings call for the quarter ending December 28, 2019, Apple confirmed its success story with a quarterly revenue of $ 91.8 Bn, an increase of 9% from the year ago. With respect to India, Apple …
Apple Q4 2019 Earnings Call: Apple Revenues Soar in India
Apple on Wednesday, October 30, 2019, reported its Q4 2019 earnings that beat analyst expectations, and continued to show that it is on the right path with its pivot to services, overshadowing iPhones that were down 9% year-over-year. For Q4 2019, Apple had forecasted revenue between $61-$64Bn, and in actual, achieved revenue of $64Bn and …
Analysts: iPhone 11 launch reminiscent of iPhone 6 popularity in India
Several analysts have already suggested that the Apple iPhone 11 is proving popular in markets such as China. Now, it appears that the colorful iPhone 11 is also a hit in India, which has become an increasingly important market for Apple over the last several years. “With the iPhone 11 and its higher-priced variants, what …
Apple Special Event: Apple is a Services Company
Apple’s play across services software and hardware is refreshing. From the announcements at the Apple Special Event, there is a clear shift in Apple’s positioning. Apple has flipped the entire value proposition: Apple *now* offers an exciting ecosystem, and the devices are mere conduits to access them. This is different from the earlier stance of …
Will new iPhones and services help change Apple’s market position?
Apple‘s new iPhones, announced yesterday evening at the Steve Jobs theatre, Cupertino had the audience at the edge of their seat. The new iPhones retain the fundamental design language of the predecessors but have got a lot going for them like computational photography, night mode, and some benchmark breaking under-the-hood upgrades. In addition to them, …