Q1 '20: Apple: iPhone Grows 55% in India

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Report Summary:

Apple’s global iPhone shipments beat expectations, despite falling -9% YoY in Q1 2020 due to the Covid-19 crisis and demand stagnation. Developed regions slumped, but emerging markets actually grew. There are tentative signs of uplift in India, and this huge market will be Apple’s big hope for the rest of the year.

Table of Contents

1. Introduction
2. Analysis
3. Financial Data
4. Conclusions & Implications
5. Contacts

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