India contributed close to 4% of all iPhone sales for Apple in the second quarter, growing 50% year-on-year, according to Counterpoint Research.
India became Apple's fifth largest iPhone market in the second quarter for the first time, overtaking France and Germany, according to Counterpoint Research.The rapid growth in India comes as Apple ramps up its presence in the world's fifth-largest economy from both a retail and manufacturing perspective.Tim Cook, Apple's Chief Executive Officer greets the media with folded hands outside the Apple store at Jio World Drive mall, Mumbai, India, April 18, 2023.
For Apple, India overtook Germany and France for iPhone sales in the June quarter, and is now behind the U.K., Japan, China and the U.S., Counterpoint Research told CNBC on Tuesday. It is the first time India has been one of Apple's top five markets for iPhone sales.
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