Apple’s PC and laptop shipments across Indian enterprises have grown more than 50% YoY as mindshare and market share across larger enterprises, rising pool of content creators and app developers continue to rise, analysts said. Luca Maestri, Chief Financial Officer, Apple during the recent earnings calls said that in the enterprise market, our customers are …
Apple‘s India revenue nearly doubled in June quarter
India is fast turning out to be the sweet spot for American electronics giant Apple, something its global CEO Tim Cook has repeatedly acknowledged. He again reiterated its importance during the company’s annual results conference as he talked about doubling of revenues on strong sales. The India showing came even as Apple’s revenues in China, one …
On the proposed ‘Right to Repair’ policy framework in India
The Department of Consumer Affairs under Government of India has set up a committee to develop a comprehensive framework for the RTR in the country. The sectors identified during the first committee meeting include Farming Equipment, Mobile Phones/ Tablets, Consumer Durables and Automobiles/Automobile Equipment. This comes a month after Prime Minister Narendra Modi launched the …
Cargo pile-up at Shanghai port to impact Indian consumer durables market
If you are planning to bring home an air conditioner, refrigerator or a washing machine in a week’s time or two, chances are, your nearest retailer may not have the full inventory to let you choose from. And it’s not a sulking salesman you are dealing with. You are out for shopping at a time …
Samsung may regain top spot in India’s smartphone market
Samsung looks to be on track to regain its top spot in the Indian smartphone market, after a strong performance in March. The South Korean electronics maker, which once replaced Nokia atop the smartphone market in India, has ceded that spot to China’s Xiaomi since the third quarter of 2020. Growing traction in offline retail …
Ukraine war may hit India’s semiconductor hub dreams
As India kicks off local manufacturing of semiconductors to cut dependency on China, the shortage of raw material amid the Russia-Ukraine war, which, if lingers for a longer period of time, may hamper the country’s dream to produce high-end semiconductors and become their global hub. The government recently set up the India Semiconductor Mission (ISM) …
How MAAMA performed in the latest quarter?
The quarterly results of tech companies are in. While bigshots like Alphabet, Amazon, Apple and Microsoft kept the markets buoyant, Meta lost $230Bn in value in one day. Additionally, relatively smaller companies like PayPal and Spotify had to take a bath after a double-digit percentage drop in the market value. Apple’s privacy policy has had …
The potential of NFTs in gaming
Indian gaming platforms like Dream11, Mobile Premier League (MPL) and Nextwave Multimedia, a subsidiary of gaming company Nazara Technologies which owns the World Cricket Championship (WCC) franchise, are actively looking to launch their own non-fungible tokens (NFTs). While NFTs are being launched in various sectors, gaming NFTs have become a rage after online game Axie …
Google Pixel 6, Pixel 6 Pro: What’s in store for Indian buyers?
Google has confirmed that Pixel 6 and Pixel 6 Pro aren’t coming to India anytime soon. Launched on October 19, the new Pixel smartphones are only available in nine countries and sadly India is not one of them. The Google-backed smartphone, Pixel, comes with its own SoC, Tensor. The Google Pixel 6 features 6.4-inch AMOLED …
Supply crunch hit new market entrants in tough Indian laptop market
When popular smartphone brands like Xiaomi and realme entered the laptop market in India last year, they were expected to shake the existing giants, specifically under the Rs 50,000 category. However, chip shortage and supply crunch have somewhat dented their plans to make a significant mark to date. The first one is a massive supply …