-- Apple iPhone sales dropped as much as 22 per cent in January-March quarter in India even as the company saw record overall sales in the country driven by higher MacBook uptake.
According to CyberMedia Research, Apple sold only 5,85,004 iPhones in India in the quarter, compared with 7,52,544 in the same quarter last year, a 22 per cent decline. Revenues, however, grew marginally.
“Apple is continuing to increase its threshold price and that will squeeze the opportunity for Apple in India. iPhone X was a steep jump in iPhone prices, clearly impacting iPhone volumes in India,” said Faisal Kawoosa, head, new initiatives, CMR.-- -- -- -- ---- ----- --- --- --------------- ---.
-- Apple iPhone sales dropped as much as 22 per cent in January-March quarter in India even as the company saw record overall sales in the country driven by higher MacBook uptake.
According to CyberMedia Research, Apple sold only 5,85,004 iPhones in India in the quarter, compared with 7,52,544 in the same quarter last year, a 22 per cent decline. Revenues, however, grew marginally.
“Apple is continuing to increase its threshold price and that will squeeze the opportunity for Apple in India. iPhone X was a steep jump in iPhone prices, clearly impacting iPhone volumes in India,” said Faisal Kawoosa, head, new initiatives, CMR.-- -- -- -- ---- ----- --- --- --------------- ---
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