Apple Inc., has written a letter to the federal government in India outlining its plans to seek financial incentives in an effort to gain market share in the country where 97% of all smartphones run Android, reports Buzzfeed. Earlier in June, the government allowed single-brand retailers like Apple to open...
India's Ola Cabs to Feature Apple Music
Ola, the online transportation network company based in Bangalore, India, has partnered with Apple to provide Apple Music as part of its customers' in-cab experience, and as a component of its platform called Ola Play. Sony, Qualcomm and Audio Compass are also part of the same platform. When passengers book an...
Apple's Partnership with India's Jio Ups Sales
Per Apple's CEO Tim Cook, the company's iPhone sales in India for the fiscal ending September 2016, grew by over 50 percent as compared to the same period last year. He attributed the reason for this jump in sales to Apple's partnership with India's Reliance Jio. Cook said that Reliance...
India Further Liberalizes FDI Regime
On June 20, India announced a number of measures to ease foreign investment in defense, civil aviation, pharmaceuticals, retail, food trade and broadcasting. The Federal Government has liberalized the FDI regime with the objective of providing a major impetus to employment and job creation in India.The government’s action opens up more than...
Apple Tries to Sell Used Phones in India
CNBC reports that Apple's application to sell refurbished iPhones — aimed at boosting sales in India and countering a slowdown of its sales in China — has yet to be approved, as India typically requires single-brand retailers to source at least 30 percent of their raw material needs from local...
Q1 iPhone Sales Rise in India, Even as Global Sales Decline
Apple posted its first quarterly decline in global sales in thirteen years. Falling sales in Hong Kong and Taiwan contributed in a large measure to this fall in earnings. However, in the iPhone sales category, India was a bright spot — and Tim Cook the CEO of the company said...