Apple’s overall global revenue may be declining due to low demand of it’s iPhone devices, but Cupertino’s technology giant has managed to sell it’s iPhone lots in India in 2016. According to a report published in CounterPoint, the company was managed to sell 2.5 million of it’s iPhones in the country.
The Counterpoint’s reports also say that “The one third of the Apple’s total shipment in India came in the fourth quarter, a day after the launch of iPhone 7. The report also says that Apple has managed to capture the 10th position in ranking of smartphones in the country during the fourth quarter of 2016, but it led the premium segment smartphones to manage a 62 percentage of it’s stake in Indian market.
The report also indicates that the total shipments of the Smartphone in India has grown by 18 percent in 2016, as compare to 3 percent of the worldwide smartphone demands. The Chinese smartphone brand has able to contribute 46 percent of overall smartphone market volume during the fourth quarter in 2016.
According to the reports the smartphones were able to grow by 14 percent every year, with the feature phones to smartphone transition slow down in second half of 2016, and due to the strong performance from lo cost brands like iTel. Smartphone shipment has been declined by 17 percent in each quarter during Q4 in 2016.
The report also claims that 83 million smartphones that were sold in India were actually a “Made in India”, with three out of four smartphones in Q4 2016 manufactured domestically. “The Chinese brands like Oppo, Vivo, Xiaomi and many other are continued to grow in India.”