December 31, 2025 03:39 am (IST)

Make this your homepage

All Finance

Amit Shah blasts TMC over border fencing; Mamata fires back on Pahalgam and Delhi blast | 'A profound loss for Bangladesh politics': Sheikh Hasina mourns Khaleda Zia’s death | PM Modi mourns Khaleda Zia’s death, hails her role in India-Bangladesh ties | Bangladesh’s first female Prime Minister Khaleda Zia passes away at 80 | India rejects Pakistan’s Christmas vandalism remarks, cites its ‘abysmal’ minority record | Minority under fire: Hindu houses torched in Bangladesh village | Supreme Court puts Aravalli redefinition on hold amid uproar, awaits new expert committee | Supreme Court strikes! Kuldeep Sengar’s bail in Unnao case suspended amid public outcry | From bitter split to big reunion! Pawars join hands again for high-stakes civic battle | CBI moves Supreme Court challenging Kuldeep Sengar's relief in Unnao rape case

Apple Inc decides to explore Indian market to boost iPhone sale

India Blooms News Service | | Jan 27, 2016, at 08:35 pm

# iPhone sale # Apple

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.

India
International

Related Images

Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm

Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am

In Images: Glimpses from Bengali film Fatafati's premiere May 13, 2023, at 08:39 pm