CyberMedia Research News
Apple posted a 25 per cent growth YoY, and captured an 8 per cent market share, driven by strong demand for premium smartphones and a broader retail presence in India.
Apple maintained its strong growth momentum in India, recording double-digit year-on-year growth and its highest-ever quarterly shipments in Q1.
India is a huge market for Apple and “we have achieved a December quarter growth record where the iPhone was the top selling model in the country for the October-December period of 2024,” Apple CEO Tim Cook said last month.
According to CyberMedia Research (CMR), 61.8 million mobiles were shipped in the second quarter of 2017, of which 54 per cent were feature phones, witnessing 9 per cent sequential growth.
With Mukesh Ambani-led Reliance Industries Ltd (RIL) announcing the launch of an affordable `intelligent` JioPhone, industry analysts have given the thumbs up to the move, saying this will bring a new era of innovation for the feature phone market in the country.
Chinese vendors captured 49 per cent of the Indian mobile phone handset market in the first quarter of 2017 -- a 180 per cent (year-on-year) revenue growth -- threatening to wipe out domestic players from the overall handset segment, a report said on Friday.
Amid all the brouhaha over machines acquiring near-human intelligence, is India ready to embrace the change?
According to the research firm CyberMedia Research, a total of 56.6 million handsets were shipped during the June quarter, of which smartphones comprised 43 per cent (24.8 million units) of the volume.
Smartphone sales increased by 7 percent to 309.7 million in the reported quarter from 290.1 million a year ago.
Overall, the tablet market in India fell by 9.2 per cent to 3.89 million units shipped in 2014 as compared to 2013, it said in a statement.
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