iPhone XR, iPhone 11 demand helps Apple grow 41% in India, capture 2% market share in Q4: Counterpoint - News Summed Up

iPhone XR, iPhone 11 demand helps Apple grow 41% in India, capture 2% market share in Q4: Counterpoint


The initial strong demand for the iPhone 11 series was driven by aggressive pricing, promotional and channel strategy. “The EMI along with cashback offers on iPhone 11 series especially iPhone 11 did well during the important festive launch,” Pathak added. In fact, price cut on iPhone XR immediately made it the best selling iPhone within Apple portfolio for two successive quarters (Q2 2019, and Q3 2019). “Apple still continues to be an aspirational brand in India and the success of the iPhone XR and iPhone 11 indicates that Apple can grow faster in India provided with the right channel and pricing strategy in place,” said Pathak. iPhone XR is being manufactured at Apple supplier Foxconn’s facility in Sriperumbudur, Chennai and iPhone 7 and 6S being assembled at supplier Wistron’s facility in Bengaluru.


Source: Hindustan Times January 25, 2020 06:27 UTC



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