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Apple's market share in India set to rise as iPhone 15 lineup goes on sale today

Livemint

Livemint · 1y ago

Apple's market share in India set to rise as iPhone 15 lineup goes on sale today

Apple's market share in India is expected to increase as its flagship iPhone 15 lineup went on sale in the country. According to Counterpoint Research, Apple's market share is projected to rise from 5% in the first half of 2023 to around 7% in the second half of the same year. Demand for iPhone 15 Pro and Pro Max models is high, with waiting times extending to the end of October. Apple's success in India can be attributed to the growth of the premium smartphone segment in the country.

Related News

Apple says latest iPhone 16e being made in India

Economic Times

Economic Times · 4m ago

Apple says latest iPhone 16e being made in India

Apple's latest iPhone 16e is being manufactured in India, marking a shift as the entire iPhone 16 lineup is now locally assembled. The iPhone 16e, featuring the Apple A18 chip and a 5G modem, targets affordability with a starting price under Rs 60,000. It is expected to boost iPhone shipments globally. Market experts suggest its pricing will impact its success in India, though it plays a strategic role in Apple's expansion in emerging markets.

Chinese consumers cheer Apple's iPhone 15, others prefer Huawei

Economic Times

Economic Times · 1y ago

Chinese consumers cheer Apple's iPhone 15, others prefer Huawei

Apple's iPhone 15 received mixed reactions in China, its third-largest market. Many users liked the faster chip and improved gaming capabilities, but some preferred Huawei's new smartphone. Huawei's recent launch and state media support amid US sanctions have influenced consumer sentiment. The smartphone market in China is in a slump, and the country's slowing economy may affect iPhone 15 sales. IDC predicts increased competition from Huawei will gradually reduce Apple's market share in China's premium phone market.

Apple’s iPhone 16 Pro demand strong, base models lag in sales: Ming-Chi Kuo

Livemint

Livemint · 9m ago

Apple’s iPhone 16 Pro demand strong, base models lag in sales: Ming-Chi Kuo

- Apple launched the iPhone 16 lineup with impressive features at its Glowtime event. - iPhone 16 Pro models are meeting Apple's sales forecasts and experiencing shorter shipping times. - Sales of the base models, iPhone 16 and iPhone 16 Plus, have been lackluster, leading to reduced component orders. - Apple's next priority is to cater to demand in the US and launch Apple Intelligence with AI enhancements. - Production of iPhone 16 is expected to be between 88 and 89 million units in Q4 2024, slightly lower than iPhone 15 series.

iPhone 16 launch: Top Apple products discontinued this year

Livemint

Livemint · 10m ago

iPhone 16 launch: Top Apple products discontinued this year

Apple unveiled its latest iPhone 16 series at the 'It's Glowtime' event. The lineup includes the iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max, all designed for Apple Intelligence tasks. As expected, Apple discontinued older models like the iPhone 15 Pro and iPhone 15 Pro Max, which were the only smartphones supporting the Apple Intelligence feature. Additionally, Apple reduced the prices of iPhone 14, iPhone 14 Plus, iPhone 15, and iPhone 15 Plus by ₹10,000. Pricing for the new iPhone 16 series in India ranges from ₹79,900 to ₹1,84,900.

Apple’s iPhone 16 rings record-breaking expectation in India for festive quarter

Livemint

Livemint · 10m ago

Apple’s iPhone 16 rings record-breaking expectation in India for festive quarter

Apple Inc. is expected to see a boost in iPhone sales in India, with estimates suggesting up to a 20% increase in the next three months. This surge in sales is driven by discounts and product launches during the festive season, as well as growing consumer demand for Apple's latest AI-powered offerings. Analysts predict that Apple's revenue in India could reach $15 billion by 2024-25. In contrast, the company's new smartphone lineup received a lukewarm response from shareholders in the US, who were concerned about the over-reliance on AI.

Apple’s A20 Chip With 2nm Tech, Integrated RAM, 15% Faster Speed, and 30% Efficiency to Power iPhone 18 Pro, Pro Max, and Fold | DeepNewz Business

Business Bytes

Business Bytes · 1m ago

Apple’s A20 Chip With 2nm Tech, Integrated RAM, 15% Faster Speed, and 30% Efficiency to Power iPhone 18 Pro, Pro Max, and Fold | DeepNewz Business

Apple is reportedly set to introduce 2nm application processors (APs) with next year's iPhone models, incorporating advanced packaging technology. The company aims to leverage this cutting-edge technology to enhance performance and efficiency in its upcoming devices. The 2nm APs are expected to offer improved processing speeds and better energy efficiency, aligning with Apple's continued focus on innovation and technological advancement in its iPhone lineup.

Apple's Glowtime event: iPhone 16 series, AirPods 4, new Apple watch and more

Economic Times

Economic Times · 10m ago

Apple's Glowtime event: iPhone 16 series, AirPods 4, new Apple watch and more

Apple is set to unveil its latest lineup of devices, including the iPhone 16 series, at its upcoming event called "Glowtime" held at Apple Park. The event will also showcase a redesigned Apple Watch Series 10 and updates to the AirPods lineup. The iPhone 16 series consists of four models, while the Apple Watch Series 10 is expected to have a sleeker look and larger display. The AirPods 4 will come in two variants, including a Pro model with active noise cancellation. Apple's commitment to environmental sustainability is reflected in the construction of Apple Park, which uses 100% renewable energy.

A tech modder is selling a DIY kit to upgrade your AirPods Max with a feature expected in Apple's next-gen version

Business Insider

Business Insider · 1y ago

A tech modder is selling a DIY kit to upgrade your AirPods Max with a feature expected in Apple's next-gen version

Engineer Ken Pillonel has created a DIY kit that allows users to convert the charging port of Apple's AirPods Max headphones from Lightning to USB-C. This modification comes ahead of Apple's expected switch to USB-C in the next version of AirPods Max. Pillonel's kit, priced at $45, includes instructions for installation. Apple fans have long been waiting for a fully USB-C product lineup, and the company has already made the switch in its latest AirPods Pro and iPhone 15 models. Pillonel previously created a prototype iPhone with a working USB-C port, which sold for $85,550 on eBay.

Ola Electric races to file DRHP in two weeks

Livemint

Livemint · 1y ago

Ola Electric races to file DRHP in two weeks

Ola Electric is set to file draft share sale papers within the next two weeks as it prepares for an IPO early next year. The company aims to strengthen its market position by implementing an aggressive retail strategy, including launching products at a discount and reducing prices of existing products. Ola Electric currently holds the largest market share in India's electric two-wheeler market, but faces increasing competition from other manufacturers. The company is expected to seek a valuation of nearly $8-10 billion when it goes public to raise around $700 million.

iPhone 16 Pro price leaked ahead of launch today. Everything we know so far

Livemint

Livemint · 10m ago

iPhone 16 Pro price leaked ahead of launch today. Everything we know so far

Apple is set to unveil its iPhone 16 series at the 'It's Glowtime' event. The lineup is expected to include the iPhone 16, 16 Plus, 16 Pro, and 16 Pro Max. Rumors suggest that the iPhone 16 Pro will feature a 5x optical zoom telephoto camera, an upgrade from last year. The starting price of the iPhone 16 Pro is reportedly $999, similar to the previous model. The Pro models are also expected to have larger displays and slimmer bezels due to the use of Border Reduction Structure (BRS) technology.

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