CMR Notes June-Quarter Growth for iPhone and iPad in India
27 JULY 2022 - Apple’s next bright spot may be the subcontinent. Business Standard has word of explosive growth for iPhone in India. The piece has CyberMedia Research (CMR) saying Apple sold an estimated 1.2-million iPhones in India in the June-quarter - one-million of which were made domestically. Not a huge number by iPhone standards. Not a huge number compared to India’s population of 1.3-billion. And yet - if accurate, it represents growth of 94% year-on-year. “Through the course of the second quarter,” says the Business Standard article:
…Apple continued its India market momentum with a stupendous YoY growth, driven by increased local iPhone manufacturing. The iPhone 12 series, along with the iPhone 13 series, accounted for the most iPhones shipped into the market…
And there is plenty of room to grow. CMR puts iPhone’s current share of the smartphone market at 4%.
Also seeing a bit of growth last quarter was iPad. CMR has sales of Apple’s tablet in India coming in at a tiny sounding ~200,000 units. Small to be sure, but it was still up 34% versus the same quarter a year ago. It’s also said by CMR to account for 20% of India’s tablet market.