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Apple's India growth rises; surpasses China

Speed News Desk | Updated on: 23 July 2015, 17:35 IST

Apple's growth numbers in India cannot be ignored because they are huge. The country is constantly climbing up the ladder when it comes to sales figures of Apple.

As per a report by The Economic Times, Tim Cook, CEO, Apple, said "In India we grew at 93 per cent and this is on top of the Greater China numbers that grew 87 per cent during the quarter against a market of 5 per cent."

India was once a dumping ground for Apple, but not any longer. Numbers show that Apple has now started looking at India as a major market.

Sales figures

The sales numbers tell a different story. Apple's Indian sales figure is 0.5 million while that of Greater China is 1.45 million.

Kiran Kumar, research manager at IDC India, said, "Apple has been investing heavily in sales and distribution over the past four quarters. India is definitely a focus market and is clearly on their radar. It's a market which has huge opportunity and can't be ignored."

Apple faces fierce competition in India by home-based smartphone makers like Micromax. Also, Xiaomi, touted as the Chinese Apple, is not making Apple's life easier.

First published: 23 July 2015, 15:06 IST
 
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