
The Valuation School
January 31, 2025 at 04:30 PM
*Apple’s Record-Breaking Growth in India: iPhone Takes the Lead!*
By The Valuation School
*iPhone Becomes India’s Best-Selling Smartphone*
Apple saw massive growth in India during the last quarter of 2024, with the iPhone becoming the top-selling smartphone in the country.
CEO Tim Cook is all in on India, announcing four new Apple stores soon, showing Apple’s long-term commitment to the market.
*Apple Climbs to India’s Top 5 Smartphone Brands*
Apple now holds an 11% market share, making it one of the top 5 smartphone brands in India.
The iPhone 15 was the most shipped device last quarter, helping Apple grab the highest market share by value for 2024.
*Young Indians Drive Premium Smartphone Boom*
With rising incomes, more young Indians are choosing iPhones as a status symbol, making Apple the go-to premium brand.
Even in Tier 2 cities, iPhones are becoming a lifestyle statement, showing how deeply the brand is connecting with Indian consumers.
*Apple Expands Business Beyond iPhones*
Apple’s total revenue saw 3.9% year-on-year growth, with the Asia Pacific region (excluding China & Japan) growing by 1.2%.
Big names like Zomato and Cisco are now using Apple’s Macs and Vision Pro, proving Apple is winning not just among individuals but also in the business world.
*Source:* https://tinyurl.com/2s479euk
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*Note:* This post is just for educational purposes and not a buy/sell recommendation.
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