Apple India received ₹25 billion in sales, reason being the new store openings in Mumbai and Delhi
According to the report, Apple India generated around Rs 25 crore in sales thanks to the opening of new stores in Mumbai and Delhi. The company is clearly starting to make money, with Apple reportedly seeing the most revenue of any electronics retailer during the non-holiday year.
ET’s report quoting sources says that both the Mumbai and Delhi Apple Stores have garnered significant sales in just a few weeks since they opened to customers in the country.
According to the report, both Apple Stores in Mumbai and Delhi generated monthly revenue of Rs 22-25 crore each. Apple also saw huge interest during the store openings in Mumbai and Delhi, which helped the company generate Rs 10 crore on the opening day of the Apple BKC store in Mumbai.
In comparison, a typical electronics store costs nearly Rs 8 crore for the entire month, which shows how many people in India were waiting for Apple to open its first exclusive Apple Stores. According to the report, Apple Stores in both cities saw more than 6,000 people on the day of launch in Mumbai and Delhi.
If the numbers are strong and Apple can pull it off in just a few weeks, it will be interesting to see how retail stores fare throughout the year.
Apple usually has big launches in the second half of the year, when you can expect the iPhone 15, Apple Watch Series 9 and new Macs, and since these stores are expected to be compatible with all the new models, the numbers are likely to increase. bigger in the coming months. Apple Stores certainly have a higher quality of products that other retailers have not been able to offer. In addition to the shopping experience for its products, Apple also has many other services available in the store, such as the Genius Bar and others.
Apple CEO Tim Cook opened Apple BKC and Apple Saket stores in Mumbai and Delhi and these launches created a huge buzz in the cities. Apple’s sales figures also appear to be higher than usual due to the average selling price of Apple products. For example, the iPhone 14 costs Rs 79,999, while Macs these days start at more.
