Skip to main content

Apple to set up retail shop in India by 2021: CEO Tim Cook

At the just-concluded 2020 Apple Annual Shareholders meeting, Tim Cook confirmed that Apple is looking to inaugurate its first retail store in India by 2021, while the online store is set to go live by the end of this year.

Apple has been looking to set up shop in India for quite some time now. In October 2019, it got the green light for the first company-owned company-operated Apple store in Bandra Kurla Complex (BKC), Mumbai, India.

Tim Cook also revealed that Apple has been in talks with the Government of India, but as the latter wanted the company to get into retail with a partnership, it has taken a bit longer to get everything in shape.

As reported previously, Apple has leased around 25,000 square feet in Maker Maxity mall in BKC for its three-storeyed flagship store, which is said to be at par with the company's stores in Hong Kong. Each of the three floors will serve a different purpose and will be dedicated to the experience and service center along with a retail store.

Currently, Apple's biggest store in India is franchise-run and serves as a Reseller store, situated in High Street Phoenix, Mumbai. As to why Apple should double down its efforts in India, the answer is clear. As per IDC, Apple is the numero uno player in the premium smartphone segment range of India and dominated the market with a 75.6% share in Q4 2019.

The two products that should be appreciated for Apple's rise in 2019 are the iPhone 11 and iPhone XR, which were best-selling phones by the company last year. Apple currently holds a 2% share when the entire premium segment accounts for 2.7% of the Indian smartphone market.



from TechRadar - All the latest technology news https://ift.tt/3a8Gt8X
Labels:

Comments

Post a Comment

Popular posts from this blog

Mother's Day 2020 gift ideas: 18 gadgets and gizmos for tech-savvy Aussie mums

Raising a family is not an easy job, and the women who care for us each and every day deserve to be told how special they are each and every day. While we tend to forget to do that, Mother’s Day reminds us we need to celebrate the women in our lives, whether they’re our own mothers or our wives and partners helping us raise the young ones. Mother’s Day 2020 is fast approaching (with under two weeks to go), and there’s a pretty good chance you won’t be able to take her out to her favourite restaurant this year, or even get to a store to shop for something she might like. So we have to get creative, and TechRadar’s Australian team has put together this little list of great tech gift ideas that you can buy online and have delivered in time for May 10. But you will need to get a wriggle on as delivery supply chains are under strain with more people shopping online. Whether she’s a whiz in the kitchen, loves to cosy up with a book or entertain at home, we’ve got a gadget or gizmo that’s s...
Post a Comment
Read more

Amazon Australia has specials on Bose products all this week

December may have just begun, but the world's largest online marketplace is already feeling the Christmas spirit.  To kick off the month’s festivities, Amazon Australia is celebrating  ‘7 Days of Deals’ with Bose's superb audio hardware discounted each day. To begin with, the very popular (and rightly so) Bose QuietComfort 35 II and the more expensive Bose Noise Cancelling Headphones 700 are available for less. To sweeten the deal, Amazon will throw in an Echo speaker as a bonus as well. When you purchase the superb Bose Headphones 700, you will receive a free Amazon Echo Show 5, or if you’d prefer the Bose QuietComfort 35 II, you’ll receive a complimentary Echo Dot. The offer is valid until December 8, or while stocks last. You can buy the same bundles, for the same price if you make the purchase via the Echo Dot or the Echo Show 5 product pages on Amazon. Just make sure you select the bundled headphone in the 'add other items' section on the right. Best noi...
Post a Comment
Read more

Valentine's Day flowers: the best online flower delivery services

February 14 will be here before you know it, and if you, like many others, are searching for that perfect gift, then placing an online order for Valentine's Day flowers is always an easy and romantic option. You can order a beautiful floral arrangement in minutes from a variety of online retailers, including; 1-800-Flowers, Amazon, ProFlowers, Teleflora, and many more. To help you sort through all the Valentine's Day offers, we've rounded up the best online flower delivery services in both the USA and the UK and listed their current promotions. We've also included delivery charges and made sure to mention if you can allocate specific days for delivery. There's a fantastic range of bouquets and gifts available from our selection of florists below, and online delivery from a specialist means you don't have to worry about the usual hassle of buying from a store and getting them home safely. We'll be updating this page as we get closer to the big day so you...
Post a Comment
Read more