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"The stars are aligned"
âšThat is what tech pundits and insiders like to say on Appleâs first retail stores in India which will open in Mumbai and Delhi earlier in April, 2023, a move that would get the Cupertino-based company closer to the market with one of the youngest populations in the world.
âšAs Indiaâs economy is expected to have solid growth, with its 1.4 billion population, combined with the marketâs increasing appetite for high-end smartphones, Apple is seeking to thrive in a market that offers many untapped opportunities for brands like it.
Apple has launched its first stores in India in Mumbai and Delhi.
âš The Mumbai store will cover well over 22,000 square feet inside the Jio World Drive Mall, an upscale mall owned by Indiaâs richest man Mukesh Ambani.
âšThe retail outlet is a beautiful one, featuring a triangular handcrafted timber ceiling that extends beyond the glass façade to the underside of the exterior canopy.
âš According to Apple, each tile is made from 408 pieces of timber, forming 31 modules per tile with a total of 1,000 tiles that make up the ceiling.
âš In fact, there are over 450,000 individual timber elements, all of which were assembled in Delhi.
The Store
âšThe flagship store, just like Appleâs other retail stores in key locations including Dubai and London, will be a cross between a retail store and an education centre, which Apple calls a "Town Square".
âšJust as with its other flagship locations, Appleâs stores in India will include the new Genius Grove, which is essentially a redesigned Genius Bar, as well as a new in-store experience called "Today at Apple".
âšApple will also begin offering educational workshops and events, including sessions for photography, music, gaming, and app development.
âšApple is known for maintaining a tight grip on the sales and distribution of its products. The company operates over 500 directly run stores globally. Until now, consumers in India had to buy iPhones, iPads, and Macs through resellers, online, or when on a trip abroad.
Things to consider
âš Gaining a foothold in India gives brands like Apple access to a broader customer base.
âš 65 per cent of Indians are under 35 years old.
âš Technically, Apple stocks stay firmly above 5-years SMA, as well as above major Bullish multi-year trend
âš Apple stocks are 30 per cent YTD, and seems are ready for further price action, as key breakout of Head and Shoulders Chart Pattern is happening right now.
"The stars are aligned"
âšThat is what tech pundits and insiders like to say on Appleâs first retail stores in India which will open in Mumbai and Delhi earlier in April, 2023, a move that would get the Cupertino-based company closer to the market with one of the youngest populations in the world.
âšAs Indiaâs economy is expected to have solid growth, with its 1.4 billion population, combined with the marketâs increasing appetite for high-end smartphones, Apple is seeking to thrive in a market that offers many untapped opportunities for brands like it.
Apple has launched its first stores in India in Mumbai and Delhi.
âš The Mumbai store will cover well over 22,000 square feet inside the Jio World Drive Mall, an upscale mall owned by Indiaâs richest man Mukesh Ambani.
âšThe retail outlet is a beautiful one, featuring a triangular handcrafted timber ceiling that extends beyond the glass façade to the underside of the exterior canopy.
âš According to Apple, each tile is made from 408 pieces of timber, forming 31 modules per tile with a total of 1,000 tiles that make up the ceiling.
âš In fact, there are over 450,000 individual timber elements, all of which were assembled in Delhi.
The Store
âšThe flagship store, just like Appleâs other retail stores in key locations including Dubai and London, will be a cross between a retail store and an education centre, which Apple calls a "Town Square".
âšJust as with its other flagship locations, Appleâs stores in India will include the new Genius Grove, which is essentially a redesigned Genius Bar, as well as a new in-store experience called "Today at Apple".
âšApple will also begin offering educational workshops and events, including sessions for photography, music, gaming, and app development.
âšApple is known for maintaining a tight grip on the sales and distribution of its products. The company operates over 500 directly run stores globally. Until now, consumers in India had to buy iPhones, iPads, and Macs through resellers, online, or when on a trip abroad.
Things to consider
âš Gaining a foothold in India gives brands like Apple access to a broader customer base.
âš 65 per cent of Indians are under 35 years old.
âš Technically, Apple stocks stay firmly above 5-years SMA, as well as above major Bullish multi-year trend
âš Apple stocks are 30 per cent YTD, and seems are ready for further price action, as key breakout of Head and Shoulders Chart Pattern is happening right now.
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05-05-2023APPLE STOCKS NEAR 52-W HIGH. EARNINGS BEAT ESTIMATION
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05-06-2023APPLE STOCKS HIT NEW ALL-TIME HIGH
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July 01, 2023Apple hit a market capitalization in excess of $3 trillion, with gains within six months in a row. Stocks have added more than 48 percent YTD in 2023 so far. Mainly due to market AI craziness as a key investment topic in 2023.
Also, earlier in June, 2023 Apple introduced an expensive augmented reality headset: the headset should be the giant's next flagship product, the most important since the introduction of the iPhone more than 15 years ago.
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Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von RatschlÀgen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.