iPhone's India boom slows after 4 years
New Delhi, July 27 -- Apple's iPhone shipments into India fell for the first time in over four years as shortages of its latest iPhone 17 model squeezed supplies to retailers, interrupting one of its fastest-growing markets despite resilient consumer demand.
A 17 July supply chain analysis by independent market research firm Counterpoint found that Apple's iPhone shipments in India fell 3% year-on-year in April-June, marking the first quarterly decline in over four years.
Overall smartphone shipments to retail channels in India fell 10% during the quarter, pushing Apple out of the country's top five smartphone brands for the period. Vivo. Samsung, Oppo, Realme, Xiaomi were the leaders.
The setback comes as Apple is leaning increasingly on I...
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