Apple India

Retail Asia12/08/2021

Tata Communications has announced its financial results for the quarter ended 30 June 2021. Consolidated revenue came in at INR 4,103 Crore (USD 556 Mn), growing 0.7% quarter-on-quarter (QoQ), and decreasing 6.8% year-on-year (YoY). This YoY contraction is primarily due to reduction in Voice business and moderation of Collaboration traffic in the Data segment. Consolidated […]

Retail Asia24/08/2018

Apple has hired 3,500 people for their development centre here and is expected to take the number to 5,000 eventually, said a senior Telangana Government official. “Apple has taken 3,500 people so far for their development centre in Hyderabad. They will totally hire 5000 people eventually. There is no time frame for that (to achieve 5000 […]

Retail Asia13/08/2016

While Apple India has big plans, a new report from Strategy Analytics says the US tech giant shipped 800,000 smartphones in India in the second quarter of this year – down from 1.2 million units in the same period last year. “Apple IOS fell 35 per cent” year-on-year, says Strategy Analytics director Woody Oh, “while […]

Retail Asia24/06/2016

Amended foreign investment rules clear the way for Apple India stores, and the possibility for the US technology giant to start manufacturing there. Under the new rules, foreign retailers are exempted for three years from a requirement to locally source 30 per cent of the goods sold in company-owned stores. This means Apple, which now […]

Retail Asia06/05/2016

A government panel has recommended the removal of a trading obstacle that would free Apple India to open single-brand retail stores across the country, one of its few growth markets. A three-member panel has recommended the waiving of the mandatory 30 per cent local sourcing condition for Apple, which earlier this year asked the government […]

Tag: Apple India

Tata Communications posts 14.9% YoY PAT

Apple India aims 5,000 employees eventually for Hyderabad facility

Apple India smartphone share tumbles

New Indian ruling appears to finally give Apple go-ahead to open retail stores

Apple India stores a step closer