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Apple set to record bumper revenue from India, iPhone sales to touch 1 million in Dec quarter

admin by admin
December 2, 2020
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Apple set to record bumper revenue from India, iPhone sales to touch 1 million in Dec quarter
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Apple set to record bumper revenue from India, iPhone sales to touch 1 million in Dec quarter


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New Delhi: US tech large Apple is poised for a report quarter in October-December as iPhone gross sales in India is predicted to the touch 1 million for the primary time and the corporate is more likely to cross 2.5 million shipments for the entire yr, highest since 2017, the Financial Occasions talked about in a report citing {industry} trackers.

Within the July-September quarter, the corporate has shipped 800,000 iPhones, its highest in 1 / 4. Value mentioning right here is that Septmber quarter gross sales was achieved earlier than the launch of its flagship, 5G-enabled iPhone 12 collection when it lowered costs of older fashions and launched presents for Diwali.

Within the September quarter, Apple offered 1.15 lakh MacBooks, registering an annual progress of 23% whereas Apple Watch sale touched 1.27 lakh, 87% larger than the final yr’s determine. Solely iPad gross sales, at 81,000, noticed decline on an annual foundation.

Apple is now the chief in India within the premium smartphone market with 36% market shares. On the general foundation, the corporate is predicted to double its share to 2% in India, the enterprise every day talked about citing analysts at Counterpoint Know-how Market Analysis and Canalys

“After three years of sluggish progress and erosion of market share, Apple has made a powerful comeback, regardless of the pandemic and fierce competitors within the premium phase,” the publication quoted Adwiat Mardiker, a analysis analyst at Canalys as saying.

Prabhu Ram, head-industry intelligence group at CyberMedia Analysis, mentioned the iPhone SE 2020 and the iPhone 11 carried out “exceptionally properly” within the July-September quarter, contributing as a lot as 70% of Apple’s shipments. “With the brand new Apple on-line retailer and engaging bundled presents, Apple has been on track for its greatest outing but,” he added.



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