“For years, India has been a low priority for Apple as spending power is weaker than in China, where the company’s iPhones swiftly became must-have devices after their 2007 launch,” Nivedita Bhattacharjee reports for Reuters.
“But Apple is now looking to build on a 93 percent increase in its iPhone sales in India in April-June, which for the first time outpaced growth in China, of 87 percent – albeit from a low base,” Bhattacharjee reports. “Apple has just a 2 percent share of India’s smartphone market, while South Korean rival Samsung Electronics accounts for around one third of volume sales with its range of Android phones.”
“Executives at several electronics retail chains and Apple distributors said the Cupertino-based firm was chasing shelf space to make its gadgets more visible, and has more than doubled the number of distributors to five,” Bhattacharjee reports “Apple has also brought in a new senior executive to take charge solely of the Indian market, industry sources said, and has placed advertisements for a policy adviser to help it work with New Delhi’s bureaucracy.”
Read more in the full article here.
MacDailyNews Take: Growth.
AMZN up $102.
And Bezos’ wallet got about US$10BN fatter.
This makes a lot of sense. Amazon sales increase 20% an it earns a couple of $100 million. Everybody ah’s over web services $1.4 B in sales. Apple sales increase 40% profits of $7 of several billion and has watch revenue in its 1st quarter that at least equals what Amazon web services achieved in 4 years. Amazon up $100, Apple down $6 plus dollars. What total bull sh*t these WS con artists are.
Bitch, bitch, bitch, bitch! Shoot yourself in the foot. Again, again, again, again! At some point you should catch on how to invest. Or you can hold your breath and stamp your feet because things don’t go your way. Life isn’t fair. Life is what it is. You’re either smart enough to understand that or you are a loser. Pay attention.
It’s simply proof that the stock market is merely legalized gambling; a reflection of whims and maniacal manipulations as opposed to objective reality.
It’s not gambling if the dice are loaded. However, keep pushing those paranoid delusions if it makes you feel better.