It’s not only about the world, however the global decline in the phone shipments is also taking place in India as Apple is bracing itself for its first fall in the fourth quarter this year in India. If we calculate on a year-on-year basis, then the Cupertino giant will decline for the initial time in the last four years. As according to a new reasearch report in Counterpoint, Apple is struggling to deliver pace despite the ongoing festive season in India.
As per Counterpoint’s research director Neil Shah, the income are coming to remain between 700000 to 800000 units in comparison to a million last year at the similar time.
“Sales are set to drop for the initial period in four several years,” Shah said. “If you Check at Q3 – it was 900k last year and this (year) is almost 450k.” He further added, “iPhones have gone costlier and the options and technical specs aren’t that compelling. The install base of Android has grown vastly; the new customer base (for Apple) is not coming.”
Apple even blamed the disappointing global profits by pointing towards poor income this year in the emerging markets. Effectively, the blame world has started, and the companies are terming the global slowdown for the decline in performance this year. Tim Cook pulled few wraps off the problems that manufacturer is facing by terming them as “speed bumps alongside a truly long journey.”
Although most analysts are talking about Apple’s lost glory as the Cupertino giant is unable to suggests compelling attributes at a high price. Guys are leaning towards more costlier Android smartphones which have gone to alternative levels.
Overall, the existing scenario is not too bad for Apple, and it seems to be the company needs to reinvent ways to lure buyers. Besides, old iPhone sales remained high means Indian revenue will be flat or will gain a little more than the last year but will close in red (loss).
