This news is off by a few hours, I AM SORRY. I was busy in class learning important shit to school you folks even further. Hate me for it. Anyway…
The Wall Street Journal reported that Apple is making a push to open its own simple and shiny Apple Stores in India. For years Apple has been selling its products through third-party firms but recently they have filed an application to the Trade Ministry using the name “Apple India Private Ltd” … very subtle.
India is an important market for Apple as their sales in the region have been on the rise, especially with the decline of iPhone sales overall for the company.
SIDE NOTE: Did you people expect the sales of iPhones to just exponentially increase within the same model phone over time? That makes no damn sense. Obviously the most sales will be when it is first released…I mean really…c’mon use your brains.
India, with a population of more than 1.2 billion people and an increasing market of smartphone users, this is a wise move by Apple to finally jump in instead of dipping a toe into the pool.
Apple $AAPL is currently down around 2.00% – 2.20% in today’s session as the entire market is shitting on itself.
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