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Apple's (AAPL) first online store launch in India is likely to boost iPhone sales in the festive season.
At the beginning of 2020, Tim Cook announced that Apple schedules the opening of its first physical outlet in India for 2021, while an online store is to be launched by the end of the year. [388] The opening of the Apple Store was postponed, and finally took place in April 2023, [389] while the online store was launched in September 2020. [390]
Apple’s growing ties to India—its first retail stores and more manufacturing—are a bright spot for the tech giant as global smartphone sales slip and its revenue tumbles.
The Apple Store is a chain of retail stores owned and operated by Apple Inc. The stores sell, service and repair various Apple products, including Mac desktop and MacBook laptop personal computers, iPhone smartphones, iPad tablet computers, Apple Watch smartwatches, Apple TV digital media players, software, and both Apple-branded and selected third-party accessories.
In contrast, Apple competitor Samsung first landed in India in 1995 and established the world's largest phone factory in 2018.Samsung currently holds a 15.5% market share in India, down from its ...
iTunes Store is a digital marketplace selling songs, albums, music videos, ringtones and alert tones. It was launched by Apple Inc. on April 28, 2003 for Mac OS X, and on October 16, 2003 for Microsoft Windows.
The e-commerce in India was $147.3 billion in 2024, with 18.7% CAGR through to 2028 which will be further fueled by the technology innovations (5G & 6G based higher internet speed, AI and ML based hyper-personalized shopping experience, immersive AR and VR virtual try-ons and virtual stores, blockchain based enhanced supply chain transparency and increased trust among consumers), cheaper data ...
Presently, there are a total of more than 550 Cromā stores across 200+ cities in India. [7] The stores are spread throughout much of India. [8] Croma Stores – Statewise. In 2012, Infiniti Retail Ltd acquired the Indian retail business of Woolworths for A$35 million, or Rs. 200 crore. Woolworths has been tied up with Tatas since 2005 for ...