Shah said India "has the potential to reach that scale" in the coming years. and China, according to Counterpoint Research. and China, analysts said.Īpple shipped about 6.5 million iPhones in India in 2022, compared to around 50 million each year in both the U.S. technology giant to boost revenue and iPhone sales near the levels seen in markets like the U.S. iPhone sales in focusĪpple's India push offers the opportunity for the U.S. India has a growing middle class, a young and "mobile first" population willing to pay more for phones, especially in Mumbai and Delhi, two of the country's wealthiest cities and the location of the new Apple stores. "Apple as usual has got the timing right on 'peaking at the right time' with its flagship store strategy to catalyse this trend in its favour," Shah told CNBC via email. He said this category of smartphones accounts for 35% of total smartphone market revenue. Smartphones priced above $400 now account for 10% of the total volumes of handsets shipped versus 4% before the pandemic, according to Shah. Apple has very little market share in India.īut India is undergoing a "premiumification of market," according to Neil Shah, partner at Counterpoint Research. India's smartphone market, however, has been dominated in recent years by Samsung and Chinese brands such as Xiaomi, with low-to-mid-tier priced devices finding support from customers in a price-sensitive market. Cook traveled to India for the opening of the store, nearly seven years after his first visit as Apple CEO. Personal Loans for 670 Credit Score or LowerĬook has long viewed India as a key market to Apple's future and in February he said he was "bullish" on the world's fifth-largest economy and the company is putting a "significant amount of energy" into the market. Personal Loans for 580 Credit Score or Lower You don't need AppleCare+ on all your devices, you can pick and choose which devices need the extra warranty based on how you use them.Best Debt Consolidation Loans for Bad Credit However, that might not matter to you for a device like an Apple TV that doesn't travel with you everywhere you go. Of course, the basic version of AppleCare (the one you don't pay extra for) does not protect against any kind of accidental damage, so if you drop your iPhone and crack the screen, you won't be covered without AppleCare+. For the sake of a few dozen bucks, I saved myself what would have cost hundreds and hundreds in an out of coverage repair. I had to have the screen replaced twice and as it was a hardware fault and not down to accidental damage, Apple replaced it at cost. I had a recurring fault with my old MacBook Pro that saw issues with its screen cause problems with my work. In my experience, I'd say it is worth stumping the cash for. You may be wondering if AppleCare+ is worth putting on your iPhone or other devices, and our advice would be to look into all the options you have for warranty before you make a decision. If you don't see an AppleCare option, tap Limited Warranty or Coverage Expired for more information.Tap on the name of your AppleCare plan. Regardless of which warranty you have, you can easily find out whether or not your Apple products are currently covered. But for some extra dollars you can also extend that warranty for additional years with AppleCare+. Every iPhone, iPad, Apple Watch, Apple TV, and Mac comes with a one-year warranty against manufacturing defects and hardware failures. It starts at $3.99 for basic monthly coverage for an iPhone SE 3rd generation, and rises in line with the value of your Apple device, and the level of coverage you're looking to get.Īpple's basic warranty if pretty good though, it's worth remembering. AppleCare+ is Apple's extended warranty service for its devices, covering at cost many common faults and problems, and can be a real wallet-saver in the event of disaster for your devices. Whether you've got a top-of-the-line MacBook or an entry-level iPhone, there's no denying that Apple products are expensive - and getting them repaired can be a steep expense on top of that too if you're unlucky enough to have something go wrong.
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