cutting iPhones prices for third-party distributors in China. Soon, the company can take these steps in India, where the iPhone is still an expensive option. Although Tim Cooke, CEO of the company, did not take the name of India directing about the company's earnings in India. Talking to analysts, told them many factors, due to which the iPhone sale is not growing in the emerging market.
b>He said that the customers
use their old iPhone for a long time. On Tuesday, Tim said that when you connect it with the Macroeconomic Factor, especially in the emerging market, the revenue from the iPhone has decreased by 15 per cent compared to last year.b>He said that the customers
Simultaneously, Tim Cook described the strengthening of the dollar as one of the main reason for the high pricing of iPhone. He said that due to the strong dollar, the value of our products is increasing in the world. In addition, he has also described the battery replacement program as a big factor. Tim told that we make cheaper batteries for customers, which increases their iPhone's
n a recent interview to CNBC, Tim had told that India is an important market for them. The iPhone manufacturer wants tax relief from the government for a better market. So that they could start assembling the handset and open branded stores. According to the CounterPoint report, in 2018, Apple's shipments in India have fallen by 50 per cent compared to 2017. Shipment was 32 million units in 2017, which has left 17 million units in 2018.
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