On Tuesday, Apple will unveil the 17th iteration of its flagship product. Remarkably, at an age in which most consumer devices have lost some of their appeal to users, Apple has increased its share of smartphone sales over less expensive rivals.
Smartphone Offers: "We have already kicked off the festive season with the Independence Day sale and this will continue with Dussehra, Durga Puja, Diwali, and other regional celebrations. With all of this coinciding with the crickWorld Cup in India during October and November, we anticipate that the prevailing positive sentiment will lead to a substantial increase in overall sales, and we are expecting our H2 performance to be significantly stronger compared to H1," said Muralikrishnan B, president, Xiaomi India.
Smartphone Sales: This year, the festive season is spread across two quarters, with Diwali at the end of November, along with the Cricket World Cup in India expected to act as a catalyst for sales. Festive season typically accounts for a fifth of annual mobile phone sales, according to market experts.
Smartphone Sales: The inventory has come down significantly from the 12-13 weeks pile-up by the end of the March quarter as a result of aggressive promotions, end-of-life discounting, and roping in of brand ambassadors, market trackers said.