Why India’s Market May Not Be The Next China For Apple

Summary:

  • Apple has recently turned its focus towards India as a key growth driver, with management emphasizing its optimism about the Indian market’s potential.
  • India’s demographics, economic growth, and infrastructure improvements paint a positive picture of the country’s future and investment opportunities.
  • However, India’s market is not directly comparable to China due to structural challenges like literacy rates and language diversity, which create a more complex environment for businesses like Apple.

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Last month, in our published article, we expressed optimism about Apple (NASDAQ:AAPL) and its potential for growth in search and financial services. Since then, Apple has posted better-than-expected Q1 earnings, which is


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