📈 Growing Market Share – India became Apple’s fourth-largest market in 2024, hitting 12 million shipments with a 35% YoY growth.
📱 Old Models Drive Sales – The iPhone 15 and iPhone 13 were India’s best-selling iPhones, capturing 6% of the overall smartphone market in Q4.
📉 The iPhone SE’s relevance has faded, with its share of iPhone shipments dropping from 18% in 2020 to just 6% in 2022.
❌ By 2023 and 2024, SE shipments had declined to negligible levels, per IDC data.
🔄 Indian Consumers Prefer Older iPhones – Nearly two-thirds of iPhones sold in India are previous-generation models, says IDC’s Navkendar Singh.
💰 Price Sensitivity – Discounts on older models make them more attractive than a new entry-level iPhone.
🏭 Local Manufacturing Growth – Apple’s expansion of iPhone assembly in India may help lower prices, but adoption depends on consumer perception of value.
Will the iPhone 16e carve out a space in India, or will discounted iPhone 13 and 15 models continue to dominate? Apple’s strategy in this price-sensitive market will determine the success of its latest entry-level device.