“Apple crushed Samsung in the emerging market for premium smartphones in India during October, taking a leading 66 percent share of sales,” Daniel Eran Dilger reports for AppleInsider. “Samsung’s second place accounted for 23 percent of sales from Galaxy S7 and similar phones, while Google — which has made the subcontinent a focus — took 10 percent of sales. Only 1 percent was attributed to other makers.”
“Apple’s chief executive Tim Cook has focused increasing attention on India as an important emerging market for the company,” Dilger reports. “‘Our iPhone sales in India were up over 50 percent in fiscal 2016 compared to the prior year, and we believe we’re just beginning to scratch the surface of this large and growing market opportunity,’ Cook told analysts in October during Apple’s quarterly earnings call.”
Dilger reports, “In May, after Strategy Analytics reported very limited overall market share for iPhones across the entire market including low end models, Cook told the Indian media, ‘We are in India for the next thousand years. Our horizon is very long. We are focused on best, not most. So it doesn’t bother me that we don’t have top market share.'”
Read more in the full article here.
MacDailyNews Take: Only one company truly makes premium smartphones.
Further, India should allow Apple to sell Apple Certified Refurbished iPhones, iPads, and other Apple products:
The “Make in India” program is supposed to focus on creating skilled jobs and minimizing environmental impact. Blocking Apple from selling Apple Certified Refurbished iPhones and forcing the company to set up factories full of entry-level assembly jobs in order to open brand new retail stores accomplishes neither objective.
Indians can’t have nice, clean stores or real iPhones are great prices (Apple Certified Refurbished iPhones are better than new fragmandroid phones) because your government is “protecting” you against such things in favor of importing pollution and crap, menial, unskilled, low-paying jobs. So, don your face masks like the Chinese to ward off the smog (not that iPhone assembly is particularly polluting, but the requirement forcing 30% of manufacturing into the country will lead to pollution from other industries) and have fun with your insecure, never-to-be-updated fake iPhones!
Or, some portion of the 1.3 billion Indian citizens could demand that the handful of government dullards blocking Apple reconsider their trade ideas. — MacDailyNews, May 26, 2016
SEE ALSO:
Apple seeks government incentives to set up manufacturing unit in India – November 7, 2016
iPhone 7 and 7 Plus launch in India: Apple’s latest flagship gets record-breaking response – October 8, 2016
Reports of Apple’s death in India are greatly exaggerated – August 5, 2016
India clears path for first Apple Retail Store – July 21, 2016
Indian government expected allow Apple Retail Stores without any sourcing requirement for 2-3 years – June 6, 2016
Indian government discussing waiver to permit Apple Retail Stores – May 30, 2016
Blow for Apple and Indian consumers as Indian government pushes protectionism – May 25, 2016
Blow for Apple and Indian consumers as Indian government pushes protectionism – May 25, 2016
Apple hits setback in push to open retail stores in India – May 24, 2016
Apple’s U-turn in India: From arrogance to servility – May 23, 2016
Apple finds potential new factory hub – in India – May 23, 2016
Apple’s Tim Cook samples Bollywood, cricket, in bid to woo India – May 21, 2016
India shows Apple CEO Cook the love it’s yet to give the pricey iPhone – May 20, 2016
Apple CEO Cook: ‘We are in India for the next thousand years’ – May 20, 2016
Watch Apple CEO Tim Cook at his first cricket game in India – May 19, 2016
Apple opens Maps development office in Hyderabad, India – May 19, 2016
Apple CEO Cook debuts in India – May 18, 2016
Apple to open first-of-its-kind iOS App Design and Development Accelerator in India – May 18, 2016
Tim Cook visits India: Apple to expand its Indian software development center, build local start-up accelerator program – May 17, 2016
Apple Retail Stores to open in India by end of next year – May 16, 2016
iPhone sales surge 56% in India as Apple eats into Samsung’s high-end share – May 8, 2016
Apple deprivileged as India bows to Washington D.C. consensus on mobile phone import tariffs – May 7, 2016
India rejects Apple’s plan to import and sell refurbished iPhones – May 3, 2016
I don’t know why MDN even bothers preaching to India about how to go about creating a vibrant economy that can productively put its people to work. This is the government that, in its infinite wisdom, decided to remove large notes from its currency in an economy that is largely cash based. Catastrophic blunders like this should leave no one with the illusion that the Indian government will do anything that makes sense or will actually help their very poor citizens.
So the large notes are now collectibles?
Essentially. You have a certain amount of time to exchange them for smaller notes. But you are limited in the numbers of large notes you can exchange at one time. The Indian government is doing this to crack down on tax evasion by wealthy Indians. But it’s causing a massive disruption to the vast majority of the population. Businesses all over ar who brown because they can’t buy goods for retail. Look it up and read about it.
It’s hard to believe the Indian government is actually doing this because it’s so batshit stupid.
First I’ve heard of getting rid of large notes. Normally the small stuff gets eliminated/reduced. I’ve heard in Australia the penny was eliminated and payment amounts are rounded up or down to the nearest 5 cents.