Updated: June 06, 2023, 06:20 PM IST
team mint
The video describes how India is emerging as a nation… MoreThe video shows how India is emerging as a strong market for Apple and its products. Apple CEO Tim Cook recently visited India and opened two new Apple Stores, indicating India’s emergence as a strategic priority for the company. With the supply chain moving away from China as its smartphone market becomes saturated with iPhone users, analysts suggest Apple should ramp up its marketing and retail efforts in India. Apple has less than 5% share of the smartphone market in India, but the government is looking to collaborate with Apple to enable manufacturing, which could help increase the company’s revenue potential. However, growth may take time, and Apple will need to bridge the price gap and ramp up its marketing and retail efforts. Overall, India is important to Apple’s sales growth and a key strategic market for the company. #appleindia #apple #appleindiainvestment #wwdc23 #mint CLICK HERE TO DOWNLOAD MINT APP https://livemint.onelink.me/MrDS/p0kx3pdg