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Home » India’s Apple Store surges in sales and emerges as a global top performer: Report
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India’s Apple Store surges in sales and emerges as a global top performer: Report

i2wtcBy i2wtcApril 22, 2024No Comments3 Mins Read
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Apple has been increasing its competitiveness in India since facing a number of negative issues in China, its largest manufacturing base, during the coronavirus pandemic. To ensure the disruption didn’t impact its manufacturing schedule, Apple looked to diversify and has since built large operations in countries such as India. Diversification efforts take on added urgency given that iPhone sales have also fallen sharply in China. As for manufacturing, Apple opened brick-and-mortar stores in India last year, including two in posh locations in New Delhi and Mumbai.

Apple has set up two stores in India. One was in Mumbai (above) and the other in New Delhi. According to current reports, Apple may be planning more similar stores in India. (Bloomberg)

Now, a report in the Economic Times has revealed that these Apple Stores in India have emerged as top performers and are being compared as the best stores on a global scale. However, Apple has not responded to these claims.

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According to a report by ET, these two stores have strong revenues, each accounting for one of the following: INR190- INRThe previous year was 210 million yen.

ET quoted industry executives as saying. “This has met Apple’s expectations and matched our best-performing store launches, and we are currently actively seeking space for our next three company stores.”

Due to this success, the company has reportedly begun planning new openings in other luxury properties in the country. This could reportedly include opening Apple Stores in Pune and Bangalore as well as Noida.

Apple Stores are popular because potential buyers not only get a full product experience, but they also receive personalized attention, thorough explanations, and other support from employees, giving them many benefits. is.

Apple opened the Apple BKC Store (Mumbai) on April 18, 2024, and the Apple Saket (New Delhi) on April 20, 2024, with CEO Tim Cook himself landing on a jet to open the stores. I did it.

ET’s report also suggests that there is a good chance that Apple will launch its latest gadget, the Apple Vision Pro mixed reality headset, in India, but it could be too soon. In particular, this gadget requires a lot of personalization and explanation, which is best done exclusively at the Apple Store.

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Get Business News, TCS Q4 Results Live, Jio Financial Services Q4 Results Live, Gold Rates Today, India News and other relevant updates on Hindustan Times website and app.

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Follow the latest breaking news and trends from India and around the world on Hindustan Times Newsdesk.From politics and policy to economics and the environment, from regional issues to national events and world affairs, we’ve got you covered…Learn more

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