According to Counterpoint Research’s latest analysis on the Indian handset market, the premium smartphone segment (above INR 30,000 or US$471) was the second fastest growing segment (+20% YoY) in CY 2017 driven by the strong performance of Apple’s revolutionary iPhone.
“The Indian premium smartphone segment grew 20% annually by volume and 28% by value in CY 2017,” Tarun Pathak reports for Counterpoint Research. “Apple is still the leader in the premium segment, capturing 47% share during Q4 2017 and 38% during CY 2017, driven by strong shipments of iPhone X and iPhone 7.”
“Demand for iPhone 8 remains soft and, as a result, the overall Apple shipments in the premium segment declined 31% YoY. The decline is also partly due to last year’s strong quarter, when sales of the iPhones spiked owing to demonetization and the high volume of cash transactions,” Pathak reports. “Samsung was behind OnePlus, capturing the third spot, as promotions for its Galaxy S8 and Note 8 remained strong. But it had tough competition from the iPhone 7 and the iPhone X.”
Pathak reports, “In terms of best selling models, iPhone X was the leading model in the premium segment, capturing one fifth of shipments, followed by the OnePlus 5T and Samsung Note 8.”
Read more in the full article here.
MacDailyNews Take: Apple takes the grain and leaves the also-rans with the chaff.
SEE ALSO:
Apple App Store users spent nearly double that of Google Play users in Q417 – January 26, 2018
Apple’s iOS continues to attract content apps first, despite smaller unit share – October 30, 2017
Bernstein: Google to pay Apple $3 billion this year to remain the default search engine on iPhones and iPads – August 14, 2017
Higher income U.S. states use Apple iPhones; lower income states use Samsung Galaxy phones – September 27, 2016
iOS users are worth 10X more than those who settle for Android – July 27, 2016
Apple’s App Store revenue nearly double that of Google’s Android – April 20, 2016
Poor man’s iPhone: Android on the decline – February 26, 2015
Study: iPhone users are smarter and richer than those who settle for Android phones – January 22, 2015
Why Android users can’t have the nicest things – January 5, 2015
iPhone users earn significantly more than those who settle for Android phones – October 8, 2014
Yet more proof that Android is for poor people – June 27, 2014
More proof that Android is for poor people – May 13, 2014
Android users poorer, shorter, unhealthier, less educated, far less charitable than Apple iPhone users – November 13, 2013
IDC data shows two thirds of Android’s 81% smartphone share are cheap junk phones – November 13, 2013
CIRP: Apple iPhone users are younger, richer, and better educated than those who settle for Samsung knockoff phones – August 19, 2013
iPhone users smarter, richer than Android phone users – August 16, 2011
Thanks God for the good news amid of despair of all about negativities surrounding Apple breaking records of its own earning reports tomorrow after hours.
Hurray! In related news, Apple sold all 20 cell phones costing more than 1000 quid in India.
Wrong. Top 1% in India is over 100 million people. There is a big (and growing) market for luxury goods. This is great news for apple.
And most of that 1% already has iPhones.
I couldn’t stop laughing. Keep it up, I need the levity.
You need a lot more than that Bozo.
Yes, you make me laugh, too.