“Despite established players like Samsung and Intex dominating the largest shares of the Indian market currently, Apple continues to grow, with sales up 56 percent year over year, according to the latest data from Canalys,” Jan Manon reports for AppleInsider. “As second fastest growing vendor in the top ten smartphone providers in the country, Apple has now started to challenge Samsung’s dominance in the premium market.”
“In terms of total market share for devices priced over $300 U.S., Apple has grown from 11 percent in the first quarter of 2015 to 29 percent at the start of 2016,” Manon reports. “That led to significant losses for rival Samsung, which saw its share tumble from 66 percent to 41 percent over the same span.”
Appel CEO Tim Cook “has turned his sights toward growing demand in India,” Manon reports. “This week, in an appearance on Jim Cramer’s Mad Money, Apple’s CEO noted that 50 percent of the population is aged 25 or younger, and those users have shown interest in buying the best products available.”
Read more in the full article here.
MacDailyNews Take: A POS Samsung is bad enough, but anyone shackled with an Intex has our deepest sympathies.