Apple captured 66% of India's premium smartphone market in October

Apple captured 66% of India's premium smartphone market in October
With iPhone sales declining in China, we've mentioned that India has become Apple's next big target for its iconic smartphone. Figures from Counterpoint Research, cited in a story published in the India Times, says that in October Apple captured 66% of India's premium handset market. But the truth is that the premium end of the market is not large in the country. That's because the average Indian earns the equivalent of $3.10 USD a day. 70% of the smartphones sold in India last year were priced at under $150.

The India Times story noted that Google took a 10% share of the premium smartphone market in India with its new Pixel handsets. Part of the reason for this was due to the removal of the Samsung Galaxy Note 7 from the market place. With Google said to have shipped 33,000 Pixel units into the country during October, Apple's 66% market share converts into approximately 218,000 iPhone units shipped into India last month.

Apple CEO Tim Cook has his eyes focused on India

Apple CEO Tim Cook has his eyes focused on India

Apple CEO Tim Cook told analysts at Apple's latest quarterly earnings conference call last month that Apple iPhone sales were up 50% year-over-year in India during fiscal 2016. He added that, "we believe we're just beginning to scratch the surface of this large and growing market opportunity." To that end, Apple wants to open Apple Stores in India. However, a law in the country would require 30% of the goods in the store to be produced locally. Back in June, an anonymous source said that the government was mulling over the idea of giving Apple a grace period of two to three years before enforcing the local law.

Depending on the source, India is either going to be the second largest smartphone market next year, or it already has achieved that status. So obviously this is an important market for all handset manufacturers including Samsung. The latter is currently second in India's premium market with a 23% share. That puts it ahead of Google, but behind Apple.

Here is a good reason why India is Apple's new China. According to Piper Jaffray analyst Gene Munster, the company could add 62 million iOS users in the country by having the same presence in India that it has in China. Getting those Apple Stores put up in India would be one way for Apple to get this process started. 



Apple captured 66  of India's premium smartphone market in October
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source: IndiaTimes via AppleInsider

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38 Comments

1. LebronJamesFanboy

Posts: 671; Member since: Mar 23, 2013

I've been an Apple fan for a while, but it's time for Tim Cook to go.

2. kiko007

Posts: 7493; Member since: Feb 17, 2016

Why? The company is in the best shape it's ever been, and service has never been better. Why does everyone hate T.Cook so much? And please don't give me "Apple doesn't innovate anymore" fallback excuse. Tim Cook is fine. Apple is fine. Boring is fine. I'd take boring iPhone over exciting nonsense any day of the week.....

4. LebronJamesFanboy

Posts: 671; Member since: Mar 23, 2013

Apple was handed to Tim Cook on a silver platter. Steve's success continued past his death. That's why the Company is in great shape. Tim Cook hasn't done one thing innovative since Steve left.

7. kiko007

Posts: 7493; Member since: Feb 17, 2016

I get that a lot, but how hasn't he been "innovative" per se? That's not his job. He procures materials and signs documents, I highly doubt he's as hands on as Jobs. But, is that really enough to fire the man leading the most successful company in history? Probably not...

10. LebronJamesFanboy

Posts: 671; Member since: Mar 23, 2013

He is the ultimate decision maker on which projects to pursue or not. I'm not trying to say Tim is terrible. I just think Apple needs a CEO that cares 10x more about the products they are releasing.

12. Finalflash

Posts: 4063; Member since: Jul 23, 2013

You're wasting your time talking to him, he is a brand fan not a product fan. There are people who value a company for the products it produces and the good it does in their life. Then there are brand fans that don't give a damn about reality, they just pledge allegiance to a brand to defend it no matter what.

13. kiko007

Posts: 7493; Member since: Feb 17, 2016

Wtf are you talking about? That had nothing to do with this discussion AT ALL. I want to know why people think Timel Cook should be fired. He explained his reasoning. None of that has s**t to do with "brand" and everything to do with ideology. You shouldn't be fired for being different....... you should be fired when your worst. Tim Cook is a lot different than Steve was....but he's not objectively worst. Go back to your cave troll....

18. Finalflash

Posts: 4063; Member since: Jul 23, 2013

His whole discussion focused on product quality and your entire rebuttal/justification for your argument was "Tim Cook is fine. Apple is fine. Boring is fine. I'd take boring iPhone over exciting nonsense any day of the week.....". If that doesn't make you an idiotic brand loyal fanboy then I don't know what does. Saying boring is okay and calling exciting "nonsense" is ridiculous. Boring is not okay, poorer companies than Apple are making great new devices that innovate. Other industry behemoths are investing in new fields and showing innovative offerings. Apple in the meanwhile is releasing an emoji touch strip and removing a headphone jack while calling it "courage". They can't even get portrait mode right on a phone where that was the whole gimmick. Even their software design is starting to deteriorate and hardware design since the iPhone 5s hasn't exactly been stellar.

19. Klinton

Posts: 1408; Member since: Oct 24, 2016

'leading the most successful company' Successful in what? LOL In the stock price? Or in giving the customers the best tech products? I would like to see what this ''research'' means by high end phones?! Because many Samsung's models, even not flagship, are not less high end than the iPhones. Better looking and more functional. Samsung not having best profit for better products, byt for more ppl, make them the most successful company.

21. kiko007

Posts: 7493; Member since: Feb 17, 2016

Don't be stupid dude. Google exists, use it!

23. Klinton

Posts: 1408; Member since: Oct 24, 2016

What? I see you are proud with the Apple profit only. And the Wall Street's Pyramid. Apple's BS products, don't bother you at all. Right?

25. kiko007

Posts: 7493; Member since: Feb 17, 2016

"Apple's BS products, don't bother you at all. Right?" Their "BS products" actually work. Y'know.....that thing your Note probably doesn't do? Wait....why am I responding to you? You're an idiot...... I shouldn't waste braincells conversing with yet ANOTHER Samsung scatpiece. Good day......

38. Michigan

Posts: 246; Member since: Nov 19, 2016

kiko got your point but cook screwing some virtues of the company en by virtues i mean what do you reckon of the guy teaming up with Foxconn.

17. sgodsell

Posts: 7005; Member since: Mar 16, 2013

It doesn't matter if Tim Cook is their or not. At the end of the day this site is forgetting that India has at least 4 local smartphone OEMs. They even have country subsidized smartphones. There is one smartphone for $4. Btw all the OEMs are using Android. Oh, one more thing about Tim Cook. He was in India during the summer, but could not come to an agreement with their used smartphones selling at refurbished rates, or like new. So India rejected them. Has everyone forgot about that one. At the end of the day Apple has less than 5% market share in India.

20. NoToFanboys

Posts: 3231; Member since: Oct 03, 2015

Simple, because Tim Cook's top priority are the shareholders, unlike Jobs who is always looking forward for the sake of bringing something revolutionizing.

22. kiko007

Posts: 7493; Member since: Feb 17, 2016

You don't fire CEOs for that........you fire them for sucking at their job. His job: make customers AND shareholders happy. What normal people think his job is: make customers happy. See the disconnect here? Reality is often far more cruel than not......we aren't that important to them. That's fine by me......I don't give two s**ts if they care about me as a customer as long as the products are good.

26. Klinton

Posts: 1408; Member since: Oct 24, 2016

'AND shareholders happy' That's the key. Most of the ifans are shareholders too. Even with few stock shares. That's the genius trick Steve Jobs made to create the 'fateful' fan-base, the best man to man advertising(pyramid). That's the trick for the Apple successes so far. Tim Cook has nothing to do even here. Apple's products lately are not helping anything.

27. kiko007

Posts: 7493; Member since: Feb 17, 2016

I'm pretty sure the majority of Apple product users AREN'T shareholders....... you're just woefully ignorant. And consider, even if you WERE right, what does that say about Android OEMs? Apple: Buy product, increases share value.... Android OEM #3536: Buy product, hopefully update said product, maybe.....

28. Klinton

Posts: 1408; Member since: Oct 24, 2016

'I'm pretty sure the majority of Apple product users AREN'T shareholders' Don't be. Even the US media are. Better be sure that most of Samsung users in US AREN'T shareholders

29. NoToFanboys

Posts: 3231; Member since: Oct 03, 2015

We're talking about opinions here, whether we WANT him fired or not, we're not talking about business position rules or whatever. "I don't give two s**ts if they care about me as a customer as long as the products are good." That's the thing, they're not as good as they could be if someone really cared about the customer, y'know what I mean? Now as I told you, you don't have to fight for Apple/Cook every single damn time.

30. kiko007

Posts: 7493; Member since: Feb 17, 2016

Why would you WANT a perfectly competent CEO fired? Because he doesn't wear turtlenecks and lie to you? Why? This reminds me of how every hometown football team fan wants their coach fired.....it's nonsensical. Literally, who would replace him? Some imaginary figure we know nothing about? What would he actually change? Shareholders control CEOs, not the other way around. This applies to EVERY company, not just Apple, and the moment the money train stops, they jump ship. All in the name of "change becuz reasons"......m good luck explaining that after stocks crash. This is why I don't speak in hypotheticals.....everyone and their mom will swears they could do better. The dude does his job properly, unlike his predecessor... Apple products are better today than they were six years ago. Of that I can assure you. Their CPU game is on top of all in mobile....all. Their display game is on point, highest marks on Displaymate right now. Their features have never been more abundant...... I.e. water resistance, stereo speakers, cameras are pretty great, and they're opening up their APIs for better software/AI personalization. But apparently that isn't good enough, because the smallest segment of the populace (aka phone nerds) says so. A segment that thought people would completely ignore this update because: " but....muh features. Such a fickle group of people Can they be better? Of course they can. Is what their offering right now boring? You bet your pretty mug it is. Is that a bad thing? Kinda. Should I care? Don't know. Are they due for exciting revelations? Yep. Is their current state caused by T.Cook's personality? Probably. Having asked yourself all that Kiko, does being boring bother you? Nope....not even a little. I'm a grown ass man....I got stuff to do during my day. I don't need icon packs. I don't need wireless charging. I don't need a damn pen. I don't need 27k resolution. You know what I need? Stability. Where is the best place to get that in mobile. Apple.....period!

34. NoToFanboys

Posts: 3231; Member since: Oct 03, 2015

This argument is partly a test so that I can see how far you can go, and I can't believe you can go full TechieXP just to defend Cook.

35. kiko007

Posts: 7493; Member since: Feb 17, 2016

Look, I get that Tim is basically the Scapegoat for Apple taking easy money. I fully understand that.....but be realistic! You honestly think there is a better man for the job, better yet, a man capable of doing his job WOULDN'T be doing it right now if that were the case? Do you know of said person's existence? I sure as hell don't. He's not the flashy turtleneck dude, we get it. However, shareholders hold A LOT more power than even he does.....blame them just as much. Calling for a dude's job because he's not someone else is beyond nonsensical......it's stupid. He has bosses too......

36. kiko007

Posts: 7493; Member since: Feb 17, 2016

Look, I get that Tim is basically the Scapegoat for Apple taking easy money. I fully understand that.....but be realistic! You honestly think there is a better man for the job, better yet, a man capable of doing his job WOULDN'T be doing it right now if that were the case? Do you know of said person's existence? I sure as hell don't. He's not the flashy turtleneck dude, we get it. However, shareholders hold A LOT more power than even he does.....blame them just as much. Calling for a dude's job because he's not someone else is beyond nonsensical......it's stupid. He has bosses too......

3. ctdog4748

Posts: 797; Member since: Mar 05, 2016

Yes, you should submit your resume, get the job and then show the world how Apple should REALLY be ran. Go on, make Apple a successful company, champ!

5. kiko007

Posts: 7493; Member since: Feb 17, 2016

You're doing the opposite of him. I never said it wasn't okay to question Cook's leadership (it is) simply that from a business perspective, he is absolutely the right man for the job. He is a logistical powerhouse...... no one in mobile does it like him. However, he is a boring leader.....and that hurts him in the eyes of a lot of people.

9. LebronJamesFanboy

Posts: 671; Member since: Mar 23, 2013

Sure. Day 1 1. Drop price on incredibly overpriced macbook pros 2. Get rid of gimmicky touchbar and make touchscreen 3. Include USB-A ports and don't require adapters 4. Include 3.5mm headphone jack again 5. Focus more on products, less on sales, and stop neglecting Macs I guarantee you we have seen the peak of a successful company, unless they make some quick changes. Check out this article on Customers not being happy with iPhone 7:http://www.reportlinker.com/insight/iphone-7-deceptive-for-us-consumers.html

11. ctdog4748

Posts: 797; Member since: Mar 05, 2016

So what are you waiting for champ! Are you afraid of the salary cut you'll take? Don't worry, once under your expert guidance when Apple finally returns to profitability, I'm sure the compensation committee will reward you handsomely.

24. joey_sfb

Posts: 6794; Member since: Mar 29, 2012

The list made are coming from a perceptive of you, a user. So what is Apple business strategy to date. More exclusivity and tighter lock in. The more apple adapters and services you use the more lock in into their platform making exiting it near impossible. If you think along that line you will see that you are at odd with Apple primary strategy to achieve higher profits.

14. piyath

Posts: 2445; Member since: Mar 23, 2012

Just shut up okay? Please...... You mouth is so rotten and foul smelling. Pleaseeeeeeeee.... STFU for once.. btw Apple is the Best!

* Some comments have been hidden, because they don't meet the discussions rules.

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