Apple may be on track to increase India’s local manufacturing revenue to nearly $40 billion over the next 5 years, as a result of the Government of India’s Production Linked Incentive scheme (PLI) for large scale electronics manufacturing. The scheme will be largely availed by two of Apple’s contract manufacturers, namely Winstron and Foxconn.
Continue reading “Apple said to shift 20% of production capacity to India, aims for $40 billion revenue in the next 5 years”
Apple just announced the iPhone 7 and iPhone 7 Plus at its Keynote event in San Francisco. The phone is launching in the United States on Friday, September 16, whereas the India release date is now official and it is Friday, October 7th. Continue reading “Apple iPhone 7, iPhone 7 Plus launching in India on 7th October; Price starts at Rs. 60,000”
Apple today reports its earnings for the financial year Q2 2016. Even though Apple sold only 51.2 million iPhones in the quarter compared to 61.2 million in the year-ago quarter, down 16%, during the conference call Apple CEO said that iPhone is still attracting millions of first-time smartphone buyers each quarter, especially from emerging markets. He also said that iPhone sales were up 56% in India from a year ago. Continue reading “Apple records 56% growth in iPhone sales YoY in India in FY Q2 2016”
Apple today launched the 4-inch iPhone at an event in U.S. dubbed the ‘iPhone SE’. Company has also officially confirmed that the phone will be launched in India in April, starting at Rs. 39,000. Continue reading “Apple iPhone SE India Price Revealed, Starts at Rs. 39,000”
Apple CEO Tim Cook at the Town Hall meeting at the Infinite Loop headquarters said that the Cupertino giant is in early preparations to bring its retail stores to India, reports 9to5Mac. He also said that India is one of Apple’s most important growth areas for the next decade. He commented that 4G LTE networks are not always available in an emerging market, which is why India makes for a great opportunity for Apple to sell it products. Continue reading “Apple looking forward to open retail stores in India: Tim Cook”
Earlier today Apple announced $75.9 billion revenue in FY 2016. The company even restructured its India business and made some leadership changes, according to a latest report from the Economic Times.
Continue reading “Apple India merges its product divisions, makes leadership changes”
Apple has cut the price of all models of the iPad 2 in India after it announced the new version of the iPad earlier this week in the US.The entry level iPad 2 WiFi model gets the biggest cut of Rs.5000 whereas other models see cuts between Rs.2000 and Rs.4000. We already told you about the price of the 16GB WiFi only iPad 2 dropping to Rs.24500 , now we have confirmation from Apple that the entire iPad 2 line up will see a discount.
Continue reading “Complete Apple iPad 2 Line-Up gets a Price Cut in India”