New Delhi: Apple iPhone shipments noticed a 68 % (year-on-year) progress 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 powerful progress uptick in Apple iPhone shipments and the corporate registered a stupendous 70 % progress in shipments within the nation, in accordance o knowledge offered by CyberMedia Research (CMR).
Alongside, Apple iPad posted a modest 6 % year-over-year progress, pushed by shopper want for productiveness and leisure on-the-go, and at dwelling.
Apple is well-positioned to capitalise in the marketplace demand and preserve 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, instructed IANS.
Buoyed by pleasant authorities insurance policies and a production-linked incentive (PLI) scheme, India is about to cross Rs 1,20,000 crore in cellular exports within the present fiscal 12 months (FY24), pushed by tech big Apple, in accordance with the India Cellular and Electronics Association (ICEA) knowledge.
Amid this stupendous progress in cellular exports, Apple’s share is about to exceed 50 % in FY24. In May, iPhone exports reached a file Rs 10,000 crore, pushing the entire cellular shipments from the nation to Rs 12,000 crore.
The progress within the Indian smartphone trade has been primarily pushed by the Apple ecosystem, which alone grossed a file $5 billion in exports from India in FY23.
Source web site: zeenews.india.com
