After an expansion into China that is nothing short of spectacular, Apple next has its sights set on India, with its vast population of 1.2 billion citizens and rapidly-growing smartphone market.
With that in mind, the company is reportedly finalizing plans to open 500 “iOS stores” in the country, ranging from smaller 300-600 square foot retail outlets, to ones over 2,000 square foot in larger locations.
These stores will likely be run as a franchise model, and operated by Redington, one of Apple’s two distributors in India, which supplies Apple devices to regional stores. Remington currently accounts for around 70 percent of Apple sales in India.
India is a huge growing market for the iPhone, but a trademark dispute brought by a local Indian company called iVoice Enterprises could throw a wrench in those plans — by attempting to bar Apple from using the handset name it made famous.
You see, as it turns out, back in early 2007 iVoice Enterprises tried to tap into what was then the start of India’s mobile revolution.
Their name for an affordable cellphone? iFon, phonetically pronounced “iPhone.”
After China, India represents Apple’s next big frontier, with 1.2 billion citizens and a rapidly growing smartphone market, that will have sold approximately 80 million handsets this year.
Which is why it’s great news that the iPhone 6 and 6 Plus is proving just as popular there as it is elsewhere in the world, with India’s first shipment of the iPhone 6 selling out in a lightning-fast 72 hours.
At 55,000 units, India’s first iPhone shipment may not have been the biggest one around, but it’s still impressive for a country that is still very much a developing market for high end smartphones. Last year, only 6,000 units of the flagship iPhone 5s were supplied by Apple, which also vanished from shelves very quickly.
This is Apple’s fastest iPhone rollout to date. Photo: Apple
Apple is bringing the iPhone 6 and iPhone 6 Plus to 36 new countries by the end of this month. The Cupertino company today confirmed that the devices will be available in Monaco on October 17 — the same day they go on sale in China and India — and then in Israel on October 23.
The iPhone 6 and 6 Plus will be available to buy in India on October 17.
Apple’s all about pushing into developing markets, and with the iPhone 6 and 6 Plus now available for preorder in China, the next question is when customers in India can expect to get their hands on the next gen handsets.
According to Apple, the answer to that question is October 17, when the iPhone 6 family devices will go on sale. Preorders, meanwhile, start tomorrow on October 7.
Prices haven’t yet been officially announced, but authorised Apple dealers in the country are sending out price lists to customers, as follows:
Apple has sold 1 million iPhones in India this fiscal year, representing a major milestone for the company.
While China is where a lot of Apple’s focus has been in terms of expanding into new territories, India is also a fast developing smartphone market where the Apple brand is doing very well.
According to a new report, Apple has sold more than 1 million iPhones in India since the start of the current financial year — representing a significant milestone for a company that wasn’t considered to be a serious contender in the South Asian market until relatively recently.
Although the sales data was not released, research agencies put the figure at 1.02 million between October 2013 and August 2014, with a total of 1.1 million units projected by the time the fiscal year ends on September 30.
Apple is planning to rollout a new 8GB iPhone 5c in India starting this June in hopes to turn the country into it’s next booming market.
India was one of the few places you could still buy an iPhone 4 until last week when Apple pulled phone from the country. A cheaper iPhone 5c will aim to boost Apple’s marketshare in a smartphone market dominated by Sony and Samsung.
Less than four months after relaunching the iPhone 4 in India, Apple has decided to ditch the strategy and take the phone off the market again.
The January move had made the iPhone 4 one of the cheapest unsubsidized iPhones in the world, with the aim of growing market share by appealing to a percentage of the population who would not usually be able to afford iPhones.