{"id":884123,"date":"2024-12-05T07:17:08","date_gmt":"2024-12-05T01:47:08","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=884123"},"modified":"2024-12-05T07:26:29","modified_gmt":"2024-12-05T01:56:29","slug":"india-closes-in-on-china-in-iphone-output-but-revenue-gap-remains-wide","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/12\/05\/india-closes-in-on-china-in-iphone-output-but-revenue-gap-remains-wide\/","title":{"rendered":"India closes in on China in iPhone output, but revenue gap remains wide"},"content":{"rendered":"<p>India is narrowing the gap with China in iPhone production but lags significantly in contributing to Apple\u2019s global revenue. This disparity stems from price sensitivity and affordability challenges among Indian consumers, according to a report by The Economic Times. <\/p>\n<p>Apple posted a record revenue of $8 billion in India for FY24, representing just over 2 per cent of its global revenue of $391 billion. In contrast, Greater China \u2014 including Mainland China, Hong Kong, Macau, and Taiwan \u2014 accounted for $66.95 billion, or over 17 per cent of global earnings. By FY26, India\u2019s revenue is projected to rise to $11 billion, the report noted.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India is narrowing the gap with China in iPhone production but lags significantly in contributing to Apple\u2019s global revenue. This disparity stems from price sensitivity and affordability challenges among Indian consumers, according to a report by The Economic Times. Apple posted a record revenue of $8 billion in India for FY24, representing just over 2 per cent of its global revenue of $391 billion. In contrast, Greater China \u2014 including Mainland China, Hong Kong, Macau, and Taiwan \u2014 accounted for $66.95 billion, or over 17 per cent of global earnings. By FY26, India\u2019s revenue is projected to rise to $11 [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,4,35],"tags":[],"class_list":["post-884123","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-telecom-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/884123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=884123"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/884123\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=884123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=884123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=884123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}