Apple said last year: "We appreciate the support and hard work by Prime Minister Narendra Modi and his team to make this possible and we look forward to one day welcoming customers to India's first Apple retail store."
Apple CEO mentioned that currently, they have third-party reseller outlets to sell its devices in the country. There are reports that say that Apple has leased a location in Mumbai, India for its upcoming branded retail store in 2021 but the company is yet to reveal the exact location.
According to the International Data Corporation (IDC), in the premium ($500 or Rs 36,000 and above) segment, Apple reached a record 75.6 percent market share. Apple reached a record 75.6 percent market share in the fourth quarter of 2019 in India owing to the stellar performance of iPhone 11 and price drop on previous-generation models.
Apple CEO mentioned that currently, they have third-party reseller outlets to sell its devices in the country. There are reports that say that Apple has leased a location in Mumbai, India for its upcoming branded retail store in 2021 but the company is yet to reveal the exact location.
According to the International Data Corporation (IDC), in the premium ($500 or Rs 36,000 and above) segment, Apple reached a record 75.6 percent market share. Apple reached a record 75.6 percent market share in the fourth quarter of 2019 in India owing to the stellar performance of iPhone 11 and price drop on previous-generation models.
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