New Delhi: Apple iPhone shipments noticed a 68 % (year-on-year) development in India within the first half of 2023, pushed by the iPhone 14 and iPhone 13 collection. In the second quarter (April-June interval) alone, there was a robust development uptick in Apple iPhone shipments and the corporate registered a stupendous 70 % development in shipments within the nation, in accordance o information offered by CyberMedia Research (CMR).
Alongside, Apple iPad posted a modest 6 % year-over-year development, pushed by client want for productiveness and leisure on-the-go, and at residence.
Apple is well-positioned to capitalise in the marketplace demand and keep its constructive momentum in India and is more likely to garner a 7 % market share in 2023, in accordance with CMR.
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“We continue to see strong momentum for Apple in India. In Q2 2023, there was a strong growth uptick in Apple iPhone shipments driven by the Apple iPhone 14 series and iPhone 13 series,” Prabhu Ram, Head – Industry Intelligence Group, CMR, advised IANS.
Buoyed by pleasant authorities insurance policies and a production-linked incentive (PLI) scheme, India is ready to cross Rs 1,20,000 crore in cellular exports within the present fiscal 12 months (FY24), pushed by tech large Apple, in accordance with the India Cellular and Electronics Association (ICEA) information.
Amid this stupendous development in cellular exports, Apple’s share is ready to exceed 50 % in FY24. In May, iPhone exports reached a report Rs 10,000 crore, pushing the entire cellular shipments from the nation to Rs 12,000 crore.
The development within the Indian smartphone trade has been primarily pushed by the Apple ecosystem, which alone grossed a report $5 billion in exports from India in FY23.
