Apple Sold a Record 6 Million iPhones in India in 2022

Apple Sold a Tape six Meg iPhones in India in 2022

Posted by on Jan 24, 2022 in Apple News

2021 was a record twelvemonth for Apple in India. The company shipped between v.4 and vi 1000000 units of the iPhone in the country. The growth tin can exist attributed to loftier demand and the uptick in the sale of 5G smartphones beyond price segments.

Information from market place annotator firm Counterpoint Research shows that Apple allowable a 70 percent share in the premium smartphone market defined by devices priced north of Rs. 45,000 ($603). As the analyst firm's partner Neil Shah notes, Apple had a smaller 50 pct share in the segment in 2022. He adds that in 2022, Apple shipped 3 meg iPhones and in 2022, the number rose to 6 million. The company clocked "double growth" in every quarter of the year compared to 2022.

This has impacted rivals Samsung, and OnePlus whose market place share in the same ring has dropped from 28% to 14% and xiv% to 12%, respectively."

Most of Apple's growth in Republic of india has been driven by the iPhone 12 and iPhone 11 models manufactured locally at facilities endemic past Foxconn and Wistron. The ii models together helped Apple double its business in India in 2022. Specifically, the iPhone 12 deemed for 31 percent of the market share while the iPhone 11 accounted for 28 per centum at the time. Recently, Apple also began trial production of iPhone 13 models in the country.

In total, the firm pegged total smartphone sales at 169 million units in the country. This is an 11 percentage growth year-on-year despite the pandemic-induced supply chain difficulties and cost hikes. Of all the smartphones shipped, 17 percent were 5G-compatible, and this statistic is six times higher than it was in 2022. The significant increment in 5G smartphone sales is due to the 40 percent driblet in the prices of such devices in the last six months.

That said, manufacture intelligence group CyberMedia Research forecasts that Apple is in for some other "record year" in 2022 with the planned launch of the budget-centric iPhone SE 3 in the showtime half of the year. Counterpoint Research also expects the Indian smartphone market to grow by "double digits" in 2022, with a significant contribution from mid to high-stop 5G smartphones.

[Via The Economic Times]