The Apple iPhone comprises 44 per cent of the global smartphone market’s revenues and it is the second most-such device to be shipped after Samsung. More than half of smartphones used in the US are iPhones.
More than 7 million iPhones are expected to be sold in India in 2022, extending the user base to 20 million, according to market research and analyst firm Techarc. Hence, the news about Apple scaling down its production target for iPhone 14 in India has made news. However, according to industry experts reducing iPhone 14 production target due to lower demand will have "marginal