Apple may start selling iPhones, iPads online in India: here”s what indians get benefits from it

There”s a news reported by Bloomberg that apple may soon begin to sell iphones in online market . The report notes that the Cupertino-based firm aims to launch the store just before the festive season of Diwali to take advantage of heavy customer spending. The company has sold iPhones, iPads, and Macs in India through third-party retailers, including Amazon and Walmart-owned Flipkart, till now. This will be the first time it will have its own ecommerce channel for devices.

Earlier this year, CEO Tim Cook said that the company will open an online store this year in India, followed by a physical store the next year. We’ve asked Apple to provide more details, and we’ll update the story if we hear back.

The company is also doubling down on production efforts in the country as it has started assembling the new iPhone SE 2020 locally. Plus, the firm is reportedly aiming to make it’s upcoming iPhone 12 in India by mid-2021 and create 10,000 jobs in the southern state of Karnataka.

How Much Apple Earn Early From India ?

The Indian unit of Apple more than doubled its profit in the year ended March 2018, but sales grew at a slower pace which analysts attributed to weakened demand for iPhone models after their prices went up in January due higher import duties, and Chinese aggression in the premium smartphone segment.

Apple posted a 12% increase in total income to Rs 13,097.64 crore in India in the last fiscal year, compared with Rs 11,704.32 crore the previous year, as per its latest filings with the Registrar of Companies. Net profit jumped to Rs 896.33 crore from Rs 373.38 crore, which the industry attributed to the high margin on the iPhone X and Mac computers.

Does Indians Get Any Benefit If Apple Started Selling Their Products Online In India ?

With the government having relaxed rules of sourcing 30% of components locally, Apple’s online sales could mean cheaper products. Don’t expect a drastic fall in prices but some reduction could very well be on cards .

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