August 25, 2026 04:19 pm (IST)
Follow us:
Apple Inc decides to explore Indian market to boost iPhone sale
Mumbai, Jan 27 (IBNS): The growing Indian market for iPhone is a major boost for Apple, which is seeing a cooling in demand in one of its key market, China.
Apple Inc, the maker of iPhone, is looking forward to explore the Indian market further as the local market has shown a better appetite for the company's flagship smartphone while sales are dipping in China, its second largest smartphone market, according to media reports.
During an earnings call, Apple's Chief Fianancial Officer, Luca Maestri, confirmed that the company's sale of iPhones in India went up by 76% for its December quarter compared to that sold in the December 2014 quarter.
CEO Tim Cook said that the company is expecting to see a spurt in the sale of Apple's flagship smartphone as the demographics (with the median age of buyers at 27 years) promise an increasing demand for better and latest gadgets.
As the 4G coverage increases, more people will be tempted to buy the high end smartphone believe experts.
Currently, Apple is catering to the Indian market through third-party resellers. But is likely to open its own stores soon, according to media reports.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Bajaj Life Insurance launches ‘BSE 500 Momentum Value 50 Index Fund’ for ULIP customers. How to avail it?
Tue, Aug 25 2026
8 in 10 Digital Marketing Jobs in Mumbai Don't Ask for an MBA, Finds IIDE Review of 500 Job Descriptions
Tue, Aug 25 2026
How a minor bank account helps build savings habits early
Tue, Aug 25 2026
Sensex, Nifty slip in morning trade as metal stocks retreat; Shankesh Jewellers, Sunshine Pictures debut higher
Tue, Aug 25 2026
TCS, Porsche join forces in major AI move to transform mobility
Tue, Aug 25 2026
Tata Power Renewables marks a major milestone with the commissioning of 190.5 MW FDRE project in Rajasthan. All details inside
Mon, Aug 24 2026
Samsung's big AI push in India: New Pune facility to power next-gen data centre cooling
Mon, Aug 24 2026
Best Indicators For Futures Trading
Mon, Aug 24 2026