The tech giant has recorded more than 60 percent growth (year after year) in its India business for the entire year 2020. Apple started manufacturing iPhones in India in 2017 with the iPhone SE.
The tech giant Apple has recorded a major achievement in India in the first quarter of 2021 with over 1 million iPhone shipments (sales). During the first three months of this year, there has been a great performance of the company. According to preliminary estimates by market intelligence company CyberMedia Research (CMR), the iPhone 11 and XR accounted for 67 percent of Apple’s total shipments in the January-March period.
Apple iPhone 11 shipments increased 176 percent (on an annual basis) in the first quarter with increased domestic assembly. Prabhu Ram, head of Industries Intelligence Group, CMR, said in a statement that Apple has had another extraordinary quarter in India and the company has for the first time shipped (sold) more than 1 million iPhones in this period.
Prabhu Ram also considered this achievement very important because this quarter is traditionally considered to be a sluggish quarter, but in spite of this, the company’s performance in the first quarter of the year has been excellent. In the festive quarter (fourth quarter) of 2020, Apple increased its smartphone market share in India by about 4 percent for the first time.
Despite coming in October, the iPhone 12 contributed significantly to the company’s rise in the fourth quarter (October-December) in the country. The tech giant has recorded a growth of over 60 per cent (year-on-year) in its India business for the entire year in 2020, while it grew by 100 per cent (year-on-year) in the festive quarter.
Ram also said that Apple has faced some challenges related to supply and demand related to the epidemic, but he expects Apple’s growth to continue in the second quarter of 2021. Apple started manufacturing iPhones in India in 2017 with the iPhone SE. Apple is currently manufacturing some of its top class iPhones in India, including XR, iPhone 11 and iPhone 12.
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