With the opening of the first two stores, Apple will become a full-stack player in India, managing everything from manufacturing to retail.
India’s first Apple Store retail store opened today in Mumbai, a flagship retail store at Jio World Center in BKC. The tech giant will open another store in Saket, Delhi on April 20. The unprecedented presence of two Apple Stores in two days underscores the importance of India as a market for Apple.
Why Apple Stores in India are a big deal
— The Indian Express (@IndianExpress) April 18, 2023
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Why is the Apple Store important?
Apple has been unable to open stores in India earlier due to regulatory restrictions on single-brand retailing. So far, it has stores run by Indian partners such as Imagine and Future World. With the opening of the first two stores, Apple will become a full-stack player in India, managing everything from manufacturing to retail.
On Monday, it claimed it was moreover “supporting over 1 million occupations in India” through its engineer arrange. At the unused company-owned store, Indian shoppers can walk in and purchase an iPhone made in India, highlighting the company’s 25-year history in India.
The Apple Program Store, moreover known as the App Store, could be a digital distribution stage for versatile apps on iOS devices.
The value of the App Store can be seen in a few ways:
Revenue: The App Store creates critical income for Apple, with over $64 billion in income created in 2020 alone. This income comes from a 30% commission Apple charges on all app deals and in-app purchases.
Accessibility: The App Store gives a centralized area for clients to discover and download apps for their iOS gadgets. This makes it simple for clients to find modern apps and for engineers to reach a expansive audience.
Quality control: The App Store has strict rules for app submission, which makes a difference guarantee that apps are of tall quality and are secure for clients to download. This makes a difference secure clients from malware and other security threats.
Developer back: The App Store gives designers with assets and apparatuses to assist them make and convey their apps. This incorporates improvement instruments, showcasing back, and get to to a huge group of onlookers of iOS clients.
