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Apple Witnesses Record Growth as India’s Smartphone Shipments Rise 4 Percent YoY in 2024: IDC Report
Apple witnessed a record number of shipments in India in 2024, according to a report by a market research firm. Overall, smartphone shipments in India grew four percent year-over-year (YoY) in 2024, reaching a total of 151 million units. The growth was reportedly a result of a strong first-half performance with a seven percent growth, which compens...
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Xiaomi Led Mobile Market as India's Premium Smartphone Segment Rose 36 Percent YoY in 2024: CMR
India's premium smartphone market grew 36 percent year-on-year in 2024, according to CyberMedia Research (CMR). Samsung led the premium segment, while Apple's share surged 72 percent in Q4 2024, making it one of the top five brands. Meanwhile, the budget and midrange segments saw 1 percent growth and a 7 percent decline, respectively. The 2G smartp...
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5 Things to Know About Apple's Performance in India From CEO Tim Cook's Q4 Results Call
Apple reported its Q4 2024 earnings on Thursday, revealing that the company's revenue was up 4 percent to $124.3 billion and earnings per share were up 12 percent to $1.64. Services revenue hit a record $25 billion in Q4 2024. Apple CEO Tim Cook announced plans to expand Apple Intelligence features and noted 'double-digit' growth in Brazil, Mexico,...
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iPhone Top Selling Model In India For October-December 2024: Apple Executive
Apple is "particularly keen on India," said CFO Kevan Parekh after the company achieved a December quarter growth record where the iPhone was the top-selling model in the country.
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India Smartphone Market to Cross $50 Billion Valuation in 2025; Apple, Samsung May Lead Growth: Report
India’s smartphone market may cross the $50 billion mark in 2025 and reach its highest-ever valuation, according to claims by a market research firm. This growth is reportedly being driven by a value-centric approach adopted by original equipment manufacturers (OEMs), along with a developing preference in Indian consumers for premium devices with...
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iPhone Production in India Reaches $10 Billion Milestone With PLI Scheme, Says IT Minister
Apple’s iPhone production in India hit the $10 billion (roughly Rs. 84,000 crore) freight-on-board (FoB) value between the months of April and October of FY25, IT Minister Ashwini Vaishnaw revealed, citing a report, on Monday. This translates into a growth of 37 percent compared to the same period in FY24, courtesy of the government’s productio...
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Apple Records Highest-Ever Quarterly Shipments as Indian Smartphone Market Grew 5.6 Percent in Q3 2024: IDC
Smartphone shipments in India reached the 46 million mark in Q3 2024, with an increase of 5.6 percent year-over-year, according to IDC data. Vivo, Oppo, Motorola, and iQOO also experienced growth in market share, while Apple shipped as many as 4 million iPhone units in the previous quarter.
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India Smartphone Shipments Rise 3 Percent YoY in Q3, Samsung Retains Top Spot: Counterpoint Research
Smartphone shipments in India grew 3 percent year-on-year (YoY) for the July-September period (Q3) in 2024, reveals a new report by market research firm Counterpoint. The overall value of smartphones grew by 12 percent in the same quarter compared to last year. Samsung continued to lead the smartphone market with a 23 percent market share, while Ap...
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Smartphone Shipments in India Grew 7 Percent YoY in H1 2024: IDC Report
Smartphone shipments in India grew 7.2 percent year-over-year (YoY) in the first half (H1) of 2024 where 69 million units were shipped, according to a report by a market research firm. The second quarter (Q2) of the year saw 35 million smartphones being shipped, which was a 3.2 percent YoY rise over Q2 2023 shipments. The report added that the ...
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Xiaomi Gains Top Spot as Smartphone Shipments in India Decline in Q2 2024
Smartphone shipments in India declined in the second quarter of 2024 (April-June) despite several brands reporting year-on-year (YoY) growth, according to a report by a market research firm. Xiaomi grabbed the top spot in the smartphone shipments of Q2 2024 courtesy of it pushing its flagship handsets, while Samsung carried over its strong performa...
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Vivo Surpasses Samsung, Poco Overtakes OnePlus and Motorola Sees Highest Growth in India in Q1 2024
India smartphone shipments in Q1 2024 rose by 11 percent as the number of 5G capable smartphones also increased, according to the International Data Corporation (IDC). Samsung dropped to second place, while Vivo took the top spot in the list of brands with the most market share in terms of unit shipments. Meanwhile, Motorola's newest affordable sma...
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India Emerged As The Most Preferred Market For Tech Giants: Apple CEO Tim Cook
India's importance in the tech industry is underscored by Tim Cook's praise for the growing developer community and Apple's double-digit revenue growth.
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Apple CEO Tim Cook Talks About India in Q2 Earnings Call, Says It’s an ‘Incredibly Exciting Market’
Apple CEO Tim Cook made several call-outs to India during the company’s quarterly earning calls, specifically highlighting the country as an exciting market and an opportunity for it to expand further. The Cupertino-based tech giant has been heavily investing in India in recent years. Cook also revealed that the company made a quarterly revenue r...
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Tablet Shipments Grew 21 Percent in India in Q4 2023; Apple Leads Market With iPad 10, iPad 9 Models: Report
The Indian tablet market witnessed growth on a quarter-on-quarter basis in the last quarter of 2023. CMR in their Tablet PC Market Report Review for Q4 2023 noted that the tablet shipments for Q4 2023 grew, driven by a strong demand for 5G tablets. Some of the leading tablet brands as per the report were Apple, Lenovo and Samsung.
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Apple CEO Tim Cook Reveals Generative AI Features Will Be Unveiled ‘Later This Year’, Mentions India too
Generative AI features may soon debut on Apple devices, revealed CEO Tim Cook during the company’s quarterly earning calls. Without disclosing any details, he also hinted that these features could be released later this year. Apart from AI, another highlight during Apple’s earnings call was the mention of India. The country made an appearance d...
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Apple Witnesses Record Growth as India’s Smartphone Shipments Rise 4 Percent YoY in 2024: IDC Report
Apple witnessed a record number of shipments in India in 2024, according to a report by a market research firm. Overall, smartphone shipments in India grew four percent year-over-year (YoY) in 2024, reaching a total of 151 million units. The growth was reportedly a result of a strong first-half performance with a seven percent growth, which compens...
-
Xiaomi Led Mobile Market as India's Premium Smartphone Segment Rose 36 Percent YoY in 2024: CMR
India's premium smartphone market grew 36 percent year-on-year in 2024, according to CyberMedia Research (CMR). Samsung led the premium segment, while Apple's share surged 72 percent in Q4 2024, making it one of the top five brands. Meanwhile, the budget and midrange segments saw 1 percent growth and a 7 percent decline, respectively. The 2G smartp...
-
5 Things to Know About Apple's Performance in India From CEO Tim Cook's Q4 Results Call
Apple reported its Q4 2024 earnings on Thursday, revealing that the company's revenue was up 4 percent to $124.3 billion and earnings per share were up 12 percent to $1.64. Services revenue hit a record $25 billion in Q4 2024. Apple CEO Tim Cook announced plans to expand Apple Intelligence features and noted 'double-digit' growth in Brazil, Mexico,...
-
iPhone Top Selling Model In India For October-December 2024: Apple Executive
Apple is "particularly keen on India," said CFO Kevan Parekh after the company achieved a December quarter growth record where the iPhone was the top-selling model in the country.
-
India Smartphone Market to Cross $50 Billion Valuation in 2025; Apple, Samsung May Lead Growth: Report
India’s smartphone market may cross the $50 billion mark in 2025 and reach its highest-ever valuation, according to claims by a market research firm. This growth is reportedly being driven by a value-centric approach adopted by original equipment manufacturers (OEMs), along with a developing preference in Indian consumers for premium devices with...
-
iPhone Production in India Reaches $10 Billion Milestone With PLI Scheme, Says IT Minister
Apple’s iPhone production in India hit the $10 billion (roughly Rs. 84,000 crore) freight-on-board (FoB) value between the months of April and October of FY25, IT Minister Ashwini Vaishnaw revealed, citing a report, on Monday. This translates into a growth of 37 percent compared to the same period in FY24, courtesy of the government’s productio...
-
Apple Records Highest-Ever Quarterly Shipments as Indian Smartphone Market Grew 5.6 Percent in Q3 2024: IDC
Smartphone shipments in India reached the 46 million mark in Q3 2024, with an increase of 5.6 percent year-over-year, according to IDC data. Vivo, Oppo, Motorola, and iQOO also experienced growth in market share, while Apple shipped as many as 4 million iPhone units in the previous quarter.
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India Smartphone Shipments Rise 3 Percent YoY in Q3, Samsung Retains Top Spot: Counterpoint Research
Smartphone shipments in India grew 3 percent year-on-year (YoY) for the July-September period (Q3) in 2024, reveals a new report by market research firm Counterpoint. The overall value of smartphones grew by 12 percent in the same quarter compared to last year. Samsung continued to lead the smartphone market with a 23 percent market share, while Ap...
-
Smartphone Shipments in India Grew 7 Percent YoY in H1 2024: IDC Report
Smartphone shipments in India grew 7.2 percent year-over-year (YoY) in the first half (H1) of 2024 where 69 million units were shipped, according to a report by a market research firm. The second quarter (Q2) of the year saw 35 million smartphones being shipped, which was a 3.2 percent YoY rise over Q2 2023 shipments. The report added that the ...
-
Xiaomi Gains Top Spot as Smartphone Shipments in India Decline in Q2 2024
Smartphone shipments in India declined in the second quarter of 2024 (April-June) despite several brands reporting year-on-year (YoY) growth, according to a report by a market research firm. Xiaomi grabbed the top spot in the smartphone shipments of Q2 2024 courtesy of it pushing its flagship handsets, while Samsung carried over its strong performa...
-
Vivo Surpasses Samsung, Poco Overtakes OnePlus and Motorola Sees Highest Growth in India in Q1 2024
India smartphone shipments in Q1 2024 rose by 11 percent as the number of 5G capable smartphones also increased, according to the International Data Corporation (IDC). Samsung dropped to second place, while Vivo took the top spot in the list of brands with the most market share in terms of unit shipments. Meanwhile, Motorola's newest affordable sma...
-
India Emerged As The Most Preferred Market For Tech Giants: Apple CEO Tim Cook
India's importance in the tech industry is underscored by Tim Cook's praise for the growing developer community and Apple's double-digit revenue growth.
-
Apple CEO Tim Cook Talks About India in Q2 Earnings Call, Says It’s an ‘Incredibly Exciting Market’
Apple CEO Tim Cook made several call-outs to India during the company’s quarterly earning calls, specifically highlighting the country as an exciting market and an opportunity for it to expand further. The Cupertino-based tech giant has been heavily investing in India in recent years. Cook also revealed that the company made a quarterly revenue r...
-
Tablet Shipments Grew 21 Percent in India in Q4 2023; Apple Leads Market With iPad 10, iPad 9 Models: Report
The Indian tablet market witnessed growth on a quarter-on-quarter basis in the last quarter of 2023. CMR in their Tablet PC Market Report Review for Q4 2023 noted that the tablet shipments for Q4 2023 grew, driven by a strong demand for 5G tablets. Some of the leading tablet brands as per the report were Apple, Lenovo and Samsung.
-
Apple CEO Tim Cook Reveals Generative AI Features Will Be Unveiled ‘Later This Year’, Mentions India too
Generative AI features may soon debut on Apple devices, revealed CEO Tim Cook during the company’s quarterly earning calls. Without disclosing any details, he also hinted that these features could be released later this year. Apart from AI, another highlight during Apple’s earnings call was the mention of India. The country made an appearance d...
