Apple India market share plunges in Q1, Samsung gains in premium segment: Reports
"Apple's share in the premium segment dipped as the volumes dipped by a massive 55 per cent due to decline in shipments for its iPhone 8 and X series. "Additionally, the increase in import duty on CBUs (completely built units) to 20 per cent during the quarter, led to increase in prices of already expensive iPhones," Counterpoint Research said in its report
The premium segment accounts for 4 per cent of the overall smartphone market in India and three brands -- Samsung, OnePlus and Apple -- contributed to 95 per cent of the overall share in the segment. Image source: Reuters