140 days ago • Posted by Martin Boujol
The demand for iPhones went up in India
Apple shipped 1.7 million iPhones in India in 2018, but over 3.2 million in 2020. The first Indian online store opened last year, which certainly helped in this 60% surge. The company was also able to open its own production in late 2019, making the iPhones more affordable as they did not have to pay hefty importation fees anymore.
Source: Statista, Counterpoint Research