Apple is all set to launch its new iPhone models on September 14. With the launch of its upcoming iPhone 13 series, it is set to build on its recent growth momentum in India with potential double-digit digit growth for the full year.
Apple is all set to launch its new iPhone models on September 14. With the launch of its upcoming iPhone 13 series, it is set to build on its recent growth momentum in India with potential double-digit digit growth for the full year. “I believe the new generation of iPhone will come with better camera upgrades, faster A15 Bionic processor, always-on display, dynamic 120 Hz refresh rate and bigger battery. “As we move into the all-important festive quarter, Apple needs to weather some potential headwinds including potential supply chain bottlenecks and associated increases in component prices,” Prabhu Ram, head of CMR’s Industry Intelligence Group, told IANS. told.
Apple Registered 140 Percent Growth in India
According to CMR, Apple registered over 140 percent growth in India in the second quarter this year, as the iPhone 11 continued to perform well with a strong aspirational brand value. The iPhone 11 contributed to over 60 percent of iPhone shipments during the April-June quarter in the country. The rest of the iPhone lineup also performed well, including the Apple iPhone 12, XR, and SE 2020.
“Apple is expected to capture over 2 percent stake in 2021, its highest annual share ever. In addition, local manufacturing will help it to more localize its operations and save on duties.
Moreover, the refurb market is also growing and the entry to the Apple ecosystem can now be from price points below Rs 20K. Research by market intelligence firm Counterpoint Director Tarun Pathak said, “We expect Apple and are on track to record their best annual performance in India.”
Apple iPhone Manufacturing in India
Apple has started manufacturing some iPhone models in India including the latest iPhone 12. The Cupertino-based tech giant began manufacturing iPhones in India in 2017 with the iPhone SE, and now manufactures some of its most advanced iPhones in India, including the XR, iPhone 11, and now the iPhone 12. India. It is a gradual game for them in India and they should never go aftermarket share by thinking of affordable iPhone. It is against the image of the brand. However, this season, I see positive news for the Lux segment (above Rs 50,000), Kavosa said.
This season, however, I see positive news for the Lux segment (above Rs 50,000) as the target segment has saved money and hasn’t been affected much due to the pandemic,” said TechARC Founder and Chief Analyst, Faisal Kawoosa said. The iPhone 13 lineup could mirror the iPhone 12 phones with the 5.4-inch iPhone 13 mini, 6.1-inch iPhone 13, 6.1-inch iPhone 13 pro, and 6.7-inch iPhone 13 pro max.
The device is said to be powered by Apple’s next-generation A15 chip manufactured based on TSMC’s 5nm+ process. The entire iPhone 13 range is expected to sport the LiDAR sensor, which first appeared in the latest generation iPad Pro in March this year, followed by the iPhone 12 Pro and iPhone 12 Pro Max.