14% of all iPhones is a significant number. If Apple grows mfg in India, I imagine more to follow soon.

- Apple is projected to increase its revenue by 20 percent, crossing $9.5 billion in 2024, driven by iPhone sales and other categories like MacBooks and iPads. - Apple's market share in India is expanding due to its premium positioning, brand aspiration, and increased retail presence in tier-2 and tier-3 cities, along with local manufacturing under the 'Make in India' initiative. - Non-smartphone revenue for Apple in India is expected to reach $1.3 billion in 2024, with iPhone revenues alone around $8.2 billion. - Apple achieved 10 million iPhone shipments in 2023, with an expected growth of 18-20 percent in 2024, driven by new phone launches and festive season sales. - Despite challenges like intense competition and reduced seasonal demand, Apple's non-iPhone categories, such as Mac and iPad, showed strong performance, contributing to record revenue in the June quarter. Source: Moneycontrol

- Apple Inc is set to commence production of its high-end iPhone 16 Pro and Pro Max models in India, a year after introducing India-made iPhone 15 models. - The production in India is expected to bring down costs for the smartphone manufacturer by 10 per cent, but retail prices may remain the same due to taxes and component costs. - This marks the first time premium iPhone 16 Pro and Pro Max devices will be assembled outside China, as part of Apple's attempt to reduce reliance on its traditional manufacturing hub amid geopolitical tensions. - Foxconn, one of Apple’s primary manufacturing partners, is gearing up to produce the iPhone 16 Pro and Pro Max at its facility in Tamil Nadu, with other partners like Pegatron and the Tata Group also involved. - Despite local assembly, the majority of the iPhone 16 Pro and Pro Max units produced in India will be exported to markets such as Europe, the West Asia, and the United States. Source: [Business Standard](https://www.business-standard.com/companies/news/foxconn-begins-iphone-16-pro-pro-max-production-in-india-costs-fall-10-124082100188_1.html)

https://inc42.com/buzz/apple-to-employ-5-lakh-people-in-3-years-in-india/

This should help everyone understand the true picture of income brackets Indians fall in, where do viners belong?

VC funding based on revenue multiples and profit (😂😂😂) multiples is soon going to be obsolete. Common sense says company's valuation should be summation of yearly profits it can generate till the company exists... So if reliance has profit of 8 billion $ , market estimates that it's valuation should be around 25x multiple of its profit that is to say that if reliance keeps on generating same amount of profit for year on year, it will not exist after 25 years. Now tell me, what shelf live does these VC funded startup have? I honestly don't see all these tom dick and Harry mobile based and web based startups existing by end of this decade thanks to AI revolution. People are still oblivion to what AI will do to white collar jobs Just out of curiosity, is there any single VC funded Indian startup in last 10-15 years which is immensely profitable ? Or for that matter any global giants like Amazon, Uber, Airbnb etc. which has turned profitable in Indian territory?

I recently visited some old friends and they all asked me 'why haven't you bought an iPhone yet'. They all have iPhones, some of them are still studying. This has happened for the 3rd time in the last 2 years. I earn decent and can easily afford one but its very hard to make them understand that I don't need one since I just use my phone for 3/4 apps per day WhatsApp, insta, gpay. It's just an observation that we as Indians or you can say some of us have started to associate iPhones with a person's image. Have you also faced similar things? PS: I like apple products but I don't see much value being added to life using an iPhone.

Flipkart has a offer. With pixel 8 we can buy pixel watch for 20k I want to buy that pixel watch So if anyone is buying pixel 8 but not the watch them please reply in the thread

Planning to buy an iPhone, wanted Apple employee discount in india, let me know if you guys know anyone

Had a chat with a legendary soonicorn founder yesterday evening and his take was that we are definitely not getting another bull run this decade. I obviously think more optimistically and hopefully things will look up soon. What do you all think about this tho?