Business & Economy

Apple opens first retail outlet in India, hike in competition for Xiaomi and Samsung. 

The chief executive of Apple,Tim Cook, came to India to expand their market share and to inaugurate the store in Mumbai. One of the biggest companies now has come forward to open retail outlets in the most populated country like India.

In the beginning of this week, the potential customers were crowded around the BKC (Bandra Kurla Complex) Apple storefront to greet the Chief executive. Mr.Cook traveled to Delhi to open one more outlet, Apple Saket in the center of the biggest mall in New Delhi.

One of the curious customers in Delhi,Amar Bhasin recently bought an ipad from one of the outlets in India and he discovered that the screen of the ipad was damaged. The retail store refused to exchange the product, and the  service centers in the local areas were helpless. Hence, Mr. Amar wrote a letter to Mr. Cook directly – and after a few days ,Tim replied to his mail and a new iPad appeared. Mr.Bhasin expressed his heartfelt happiness and said that he had become a big fan of Apple. He happily said that in future he wouldn’t buy any other brand except Apple.

Most of the visitors wore T-shirts, a style favored by Steve Jobs,the co-founder of Apple, and few had also cut their hair in the shape of the Apple logo. One fan had also brought the first version of the computer launched by Apple in 1984.

Aan Shah, a 23-year old from the Ahmedabad western industrial city traveled to see the launch of a new commercial capital product-Apple, after watching the crowd said that ,The vibe is totally different.

In a country with a huge population, Apple can earn their investments back without making any kind of extra  efforts and the market share of Apple is growing more quickly. The Apple iphone 13 is one of the best selling models and the cost of iphone is above Rs.30,000. In the last year, 11 percent premium was included for this fastest growing market share.

Xiaomi and Samsung were the two big competitors who had more sales than any other companies in recent times. It is observed by Counterpoint Research that Chinese and South Korean smartphones are the companies with highest turnovers.

Mr.Cook greeted the Mumbai people by holding his hands together and gesturing namaste to all the crowd in the venue on 18th April. After the inauguration of the store, the chief executive tweeted that the Mumbai city has incredible energy, passion and creativity.

Related posts

Income tax raid on Xiaomi, Vivo, One Plus, Oppo & other Chinese mobile phone companies in India

Ramya M benakanahalli

Crypto transactions would possibly get illegal, but allowed to carry as assets.

Sanjana Ravi

Bengaluru Cardiologist questions Narayana Murthy’s recommendation for youths to work 70-hour a week.

Yashaswini R