April 10, 2026 10:08 am (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
South Asia remains fastest-growing region; India continues as growth engine: World Bank
Thu, Apr 09 2026
AI impact: Dell cuts 11,000 jobs in strategic workforce trim
Thu, Apr 09 2026
TCS gains ahead of Q4 earnings; street eyes growth signals
Thu, Apr 09 2026
Meesho shares soar 14% — stock now 55% above IPO price!
Thu, Apr 09 2026
Sensex falls 800 points, Nifty slips as oil surges on US-Iran ceasefire uncertainty
Thu, Apr 09 2026
IndiGo shares soar 11%: What’s behind the rally?
Wed, Apr 08 2026
Realty, auto stocks rally after US-Iran ceasefire deal
Wed, Apr 08 2026
‘Prudent to wait and watch’: RBI keeps repo rate unchanged at 5.25% amid global volatility
Wed, Apr 08 2026
Who is Hilary Maxson? Oracle appoints new CFO amid recent layoffs
Tue, Apr 07 2026