Apple sells 500,000 iPhones in India during Q4

Apple sells 500,000 iPhones in India during Q4
A report published on Monday reveals that Apple sold 500,000 units of the Apple iPhone 6 and Apple iPhone 6 Plus in India during the fourth quarter of last year. Globally, the two new iPhone models have been selling like hotcakes thanks to their larger screens. The iPhone 6 employs a 4.7-inch display while the iPhone 6 Plus features a 5.5-inch glass. Last year, Apple sold 250,000 units of the Apple iPhone 5s and Apple iPhone 5c during the same period. Those two models each were equipped with a 4-inch display. For the year ending in September 2014, Apple sold 1 million iPhones in the country.

Retail terms for the iPhone have been changed in India. Apple announced that it has cut the credit period it gives retailers in the region to seven days, and is reducing its margin by .5 to 1.0 percentage points. Typical terms for Indian retailers from top smartphone manufactures include a credit period of 14-15 days. With 2% of the Indian market, Apple feels secure enough to offer margins of 9% to 11% in the country.

One Indian retailer said that the change in terms will allow Apple to give consumers various payment options. The manufacturer could offer the iPhone in India to consumers willing to pay equal monthly installments for the device.


source: EconomicTimes via BGR

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20 Comments

1. LetsBeHonest

Posts: 1548; Member since: Jun 04, 2013

Great progress for Apple.

2. itsdeepak4u2000

Posts: 3718; Member since: Nov 03, 2012

Sales increased coz of larger screens.

3. Jamoga

Posts: 187; Member since: Dec 17, 2014

Who would have guessed.

4. realjjj

Posts: 375; Member since: Jan 28, 2014

lol they have less than 2% market share and somehow it gets spinned as a positive. The iphone 6 in India starts at some 840$ now while the Honor 6 is 288$ ,the Lenovo Vibe X2 is 320$ so good luck with that....

5. meanestgenius

Posts: 22522; Member since: May 28, 2014

Apple marketing machine at its finest.

6. Martin_Cooper

Posts: 1774; Member since: Jul 30, 2013

Maybe cause the note 4 costs the same and it sold 500.000 units in the whole world while the also premium priced iphone sells the same number in just one country? You are confusing high end market with mid range and low end. And when I say high end I mean people who can afford an 800$ phone.

7. g2a5b0e unregistered

I stopped reading after you said the Note 4 sold 500K in the whole world. If you truly believe that, just go ahead & slap yourself right now. But, since you have decided to make such a bold claim, I'll give you the benefit of a doubt. Post a link for us all. Please. I'll be waiting.

12. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

I have a better perspective. India has exactly 4 times the population of the USA, yet they only sold 500,000 in 30 days. In the USA, they presold (< in just a weekend. So 500K is nothing, though it isn't a small number. The Galaxy Note 4 sold 4.5M in 30 days, I think that includes Koreas model which went on sale 2 weeks before its official release day. Windows now has 1.3Billion users, only took about 10 years to reach 1Billion. Google has already reached over 1Billion people with Android and it took less than 10 years. In fact it took about half the time it took for Windows to reach that milestone. Apple doesn't have a single product that has sold 1Billion PERIOD. Again, I am happy for Apple. The iPhone still is the single most highest selling single model device since 2007. Last year one OEM for the first time outsold the iPhone with only 2 phone models, while Apple had 4 selling models. To bad India didn't get the deal the USA had. All 4 selling major US carriers offered the iPhone free if you traded in a working 5S. This has never been done with any top tier device, not even the iPhone. My coworker says he was happy with his 4S from Sprint and had just bough his daughter the 5 last summer. This past Winter, Sprint offered him a deal to get 2 iPhone 6's and trade in his 4s and 5 and he paid less than $150 out of pocket for 2 phones. Hmmm. Almost like buy one get one. No brand new Windows or Android phone that is considered a flagship has ever been offered for free. Carriers did offer buy one get one on many older smartphones in the past to compete with the iPhone, but none of those phones were flagships.

15. iushnt

Posts: 3160; Member since: Feb 06, 2013

Not the whole world, just 2 countries!!

8. kindlefireowner

Posts: 504; Member since: Dec 05, 2011

Google the words Profit Margin. Market share is overrated if you are making no money on your sales. Think about it.

11. PBXtech

Posts: 1032; Member since: Oct 21, 2013

Think about what Apple would have if they had half the market share as Android. There was a reason Jobs always railed on Android, it was taking money from Apple in droves. You should study earning potential and maybe you'll understand that it's not just profit margins that drive companies.

17. kindlefireowner

Posts: 504; Member since: Dec 05, 2011

You might want to do some research before you post such stupid things. You know Apple is sitting on $170 Billion dollars of profits. Companies making Android phones are not making big profits on Android phones like HTC, Sony, LG. Even Samsung profits have dropped. So again market share means nothing. Samsung sells more phones than Apple. But Apple makes more profits off their sales. Please explain how that works in your world. http://www.cnet.com/news/samsungs-q3-financials-show-ongoing-struggles-in-mobile/ http://www.usatoday.com/story/tech/personal/2014/10/07/samsung-quarterly-profit-down/16861445/

13. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

Google does make money on sales. Just because they don't make money from the OS doesn't mean they don't make money. What an idiotic statement. Market share means the following. Trends change fast. When you have a large market, when trends change because your market with one product is so big, you don't have to rush to jump on the changing trend. You simply can watch the market for a couple years and them capitalize on the others mistakes and hopefully make a better product. Nintendo lived by this for years with grate success. Marketshare means that over time you will make more money than a single company will make in just short years. Marketshare means your brand is much more reliable and much stronger and holds up well against changing trends. For example. Windows has 90% marketshare. The drive for smartphones and tablets have made Windows drop 0% since 2007. Desktop Windows is a very strong brand and trends changes like smartphones and tablets have had zero effect on its marketshare dominance. So when you bravehearts say marketshare doesn't mean anything, you're just a foolish non-business owner who has no idea. So what if Apple makes a killing. It hasn't resulted in better products or lower costs. In fact the last iPhones were raised in cost and they didn't even add anything new.

18. kindlefireowner

Posts: 504; Member since: Dec 05, 2011

So what if Apple makes a killing. It hasn't resulted in better products or lower costs. In fact the last iPhones were raised in cost and they didn't even add anything new. You have no clue about running a business. When you post such stupid things. You do realize that all these manufacturers are in it to make Apple size profits. This time next year Apple will be sitting on over $200 Billion dollars in profits. And you will be still thinking that market share matters. Get a clue. Happy Signed Apple Shareholder.

10. iOSLMFAO

Posts: 290; Member since: Dec 15, 2014

Welcome to iPA

9. frederick333123

Posts: 76; Member since: Jun 15, 2013

now stop calling india poor country

14. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

1.2Billion people live in India. Only 500,000 bought an iPhone. Evemn if 1M buy them, how do you explain the rest of the people? It is a poor country. Just because some can afford an iPhone doesn't represent everyone. 90% of the country still can't. What's your point? Oh and here is another number. The Philippines has over 150M people, just under 1/2 as many as the USA. Globe is their largest telecom, yet less than 1M people in the country own an iPhone while more than 50% still use a Nokia and more than 40% have an Android. Hmmm! Just remember, Apple sells most of its phones in the USA and Europe. If you subtract just these 2 countries, Apple will sell less than 50M phones per year.

16. iushnt

Posts: 3160; Member since: Feb 06, 2013

India is not as rich as western countries.. But people there have happier life than Europe or America.. See happiness index :)

19. Odiin

Posts: 373; Member since: Apr 23, 2013

+1, Well said, completely agree.

20. pulkit1

Posts: 354; Member since: Jul 03, 2014

country is not poor but it is developing , economy is 3 rd largest by PPP standards , multifold bigger than Philippines.

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