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What Apple Gains From FDI Reforms?

Apple CEO Tim Cook’s recent India visit seems to have proved fruitful for the company. Apple has gained a lot from the major policy reforms of the Indian Government in Foreign Direct Investment (FDI). After the government cleared roadblocks, Apple is expected to open up exclusive retail outlets across regions and strengthen its service support for Apple lovers in the country. Bringing major reforms in the FDI policy, the Indian government has allowed 100 per cent FDI in single-brand retail trading in the country among other sectors. The decision was...
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Apple’s Largest Seller Maple To Launch Store in Mumbai

Maple, the largest seller of Apple products in India, will open a store at Khar linking road. The new store is scheduled to open on 18th June, 2016. The store will comprise of all Apple products. The Accessories range will be from Rs.2500/- to Rs.20,000. The new Maple Store will also showcase premium accessories like Element case, Ozaki, KNOMO, Fitness coaching device – Moov, huge range of Audio products like – Audio Technica, B&W and many more. There will be an exclusive range of KNOMO laptop bags targeting women buyers....
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Apple Aims To Improvise Siri

Everyone questioning about Apple’s growth story as the company has experienced a slowdown in the momentum of it’s hardware sales. But Apple aims to bolster its services by making them smarter and opening them to outsiders. Thus Apple kicked off its annual software developers conference with new software features for its smartwatch, following a moment of reflection for the Sunday mass shooting in Orlando, Florida. Read Also:Govt May Allow A Sourcing Norm Breather To Apple The tech giant’s iPhone sales dropped 16 per cent to $US51.19 million in the recently...
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Apple, Foxxcon Join To Lower Price Of iPhones In India

Considering recent events and Tim Cook’s visit in India Apple indicates a massive increase in the scale of operations in the country. The company had applied for a single-brand license, and then in February it announced its plans to set up a tech development center in Hyderabad. Apple was reportedly in talks with real estate firm Tishman Speyer for a long-term lease of about 2.5 lakh sq. ft. of office space that is meant to accommodate 2,500 employees. Read Also: Govt May Allow A Sourcing Norm Breather To Apple Last...
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Govt May Allow A Sourcing Norm Breather To Apple

In a major breakthrough, the Cupertino based iPhone maker, Apple may receive a nod from the government to set up its own retail outlets in the country, without any requirement of sourcing for two to three years. As per reports circling in media, both the government as well as Apple may agree on an arrangement which exempts the company from the local sourcing norms for at least two to three years. This will help Apple establish a strong network in the country as well as inflate its sales figures. As...
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Apple’s ‘Hobby’ Rises To 3rd Rank In Global STB Biz: IHS

Apple’s popular Apple TV devices have moved into the third spot in global set-top revenue in 2015, up from ninth place the year prior. The surge is courtesy of continued strong growth in consumer retail over-the-top television (OTT) boxes, and the consolidation of the top players of the global set-top box market. Bringing Apple into global contention from a unit-shipment standpoint, more than 10 million Apple TVs were shipped in 2015 — the fifth largest volume in the world — following Arris, Technicolor, and Skyworth and ZTE, according to IHS....
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