Apple Wants Deal to Make iPhones in India

The transcript discusses Apple's strategy to expand into the Indian market due to saturation in other regions. India is seen as a key growth area, but local sourcing rules pose challenges. Despite these, Apple is pushing forward with plans, recognizing India's potential. The discussion also covers Apple's global market position, the importance of China, and consumer preferences in India, highlighting the need for premium products. The video concludes with Apple's efforts to establish manufacturing in India, regardless of tax benefits.

Why is Apple prioritizing expansion into the Indian market?

• Apple wants to exit the Chinese market.

• Apple products are banned in Europe.

• India has a large untapped market potential.

• India offers better tax incentives than other countries.

What percentage of Apple's revenue was attributed to China in fiscal year 2016?

• 24%

• 75%

• 10%

• 50%

What is one reason for Apple's minimal presence in the Indian smartphone market?

• India's local sourcing rules.

• Apple's focus on the European market.

• Lack of interest from Indian consumers.

• High import taxes on smartphones.

Which company currently dominates the Indian smartphone market?

• Sony

• Nokia

• Apple

• Samsung

What strategy has Apple focused on in the last 20 years?

• Developing low-cost smartphones.

• Maximizing market share at any cost.

• Prioritizing profits over top-line growth.

• Expanding into the European market.