Apple India

This story was first published on the Benzinga India portal. Apple Inc. (NASDAQ: AAPL) is ready to boost its iPhone production in India, with an expected reach of $12 billion in Freight On Board (FOB) value by 2023-24, according to a report by local publication Business Standard. This...

This story was first published on the Benzinga India portal. The production of Apple Inc. (NASDAQ: AAPL) iPhones in India has reached a groundbreaking level, exceeding INR 1 trillion ($13.5 billion) last year. According to data, obtained by the Indian daily Economic Times,...

This story was originally published on the Benzinga India Portal. Apple Inc's (NASDAQ: AAPL) two new retail stores in India have set new sales records clocking monthly sales of over $26-30 million each, more than double the highest revenue for an electronics store during the non-Diwali period,...

Apple Inc.'s (NASDAQ:AAPL) India supplier Foxlink is unlikely to be at full capacity for two months after a recent fire incident at its South India plant.  What Happened: Foxlink’s India facility in the state of Andhra Pradesh — where it makes charging cables for iPhones — was engulfed in a...

India was once considered by some analysts to be a key area of growth for Apple Inc. (NASDAQ: AAPL) but the high price tag of its iPhone is to blame for Cupertino's underperformance in the market, according to Ravi Agrawal, Foreign Policy managing editor and author of "India Connected...

2017 was a good year for Apple Inc. (NASDAQ: AAPL) investors given a near 50 percent return and the stock trading close to its all-time highs. Many among Wall Street are expecting 2018 to be just as rewarding to investors. The Analyst Citi's Jim Suva maintains a Buy rating on Apple's...

Shares of Apple Inc. (NASDAQ: AAPL) were trading lower by more than 2 percent early Monday morning after a rare Wall Street downgrade. Mizuho's Abhey Lamba downgraded Apple's stock from Buy to Neutral with a price target lowered from $160 to $150 following a meaningful outperformance since the...

A major hurdle that prevented Apple Inc. (NASDAQ: AAPL) from fully taking advantage of the Indian market has now been removed.   India's tough protectionist laws make it nearly impossible for foreign companies like Apple to sell products in its own branded stores unless part of the...

The Wall Street Journal reported Thursday that Apple Inc. (NASDAQ: AAPL) delivered a letter to India's national government last month, expressing its intent of manufacturing Apple products in the Indian market. India's Protectionist Laws India's tough protectionist laws make it nearly impossible...

Trip Chowdhry of Global Equities Research released on Friday a list of his top four stock picks based solely on fundamentals. Top Pick: Apple Apple Inc. (NASDAQ: AAPL) is Chowdhry's top. Apple's India business as being a major growth catalyst. Senior citizens all over the world continue switching...

Apple Inc. (NASDAQ: AAPL) reported on Tuesday better-than-expected third-quarter earnings results, and as an appropriate follow up, the company said it has officially sold more than one billion iPhone devices. Apple said in a press release that at some point last week the company sold the billionth...

The worst is over for Apple Inc. (NASDAQ: AAPL), at least according to Trip Chowdhry of Global Equities Research. In a research note to clients following Apple's third-quarter earnings beat, Chowdhry offered four reasons to support Apple's bullish growth prospects. Geographical Expansion: Apple's...

Apple Inc. (NASDAQ: AAPL)'s CEO Tim Cook arrived in India on Tuesday after concluding a visit to China. However, the executive's trip to the lucrative Indian market comes with a unique sets of challenges. CNBC's Spriha Srivastava noted Apple faces tough competition in the country...

Apple Inc. (NASDAQ: AAPL) announced on Wednesday the creation of a new facility in Bengaluru, India, to support local developers in developing apps for the iOS platform. Apple said that its development office will provide entrepreneurs and app creators with specialized support and "help them hone...

Apple Inc. (NASDAQ: AAPL) announced on Wednesday the creation of a new initiative to support growth in India's iOS developer community. Apple said that it will open a Design and Development Accelerator in Bengaluru, India, which is home to India's startup scene with more startups than any other...