India: Apple to increase production in India by 5 times to $40 billion over the next 5 years!

[CallSignMaverick]

https://twitter.com/x/status/1705936143156470040

https://twitter.com/x/status/1705935724296753200

@Skull and Bones @indushek @Puffin @hembo @-=virus=- @VkdIndian @Skimming @nahtanbob @Kuru @INDIAPOSITIVE @SN320 @NG Missile Vessels @legacytiger18 @Hellfire2006 @salarsikander @JaneBhiDoYaaron @Mugen @koolzberg @Kingdom come @Dalit @Kaniska @Bilal9 @Indos @LeGenD @Mugen @Cheepek @protean



Meanwhile Apple supplier foxconn...

https://twitter.com/x/status/1704027548080894411

Foxconn's logistics unit Jusda opens new office in TN ahead of iPhone 15 launch

Several reports said that a Foxconn Technology Group plant in Sriperumbudur is all set to deliver the newest devices only weeks after they start shipping from factories in China.

www.livemint.com

https://twitter.com/x/status/1705602119494160742

https://twitter.com/x/status/1667017637069721600

 

[Kaniska]

What is the amount in $ value that is exported by Apple from India? That would be the key number to understand the long term plan for Apple wrt to export potential from India.

 

[CallSignMaverick]

What is the amount in $ value that is exported by Apple from India? That would be the key number to understand the long term plan for Apple wrt to export potential from India.

Apple overtakes Samsung, emerges as largest smartphone exporter from India - Times of India

International Business News: Apple's share of exports soared from just 9% of the roughly 8 million smartphones shipped in Q2 2022, to almost half the total smartphone exports in Q

timesofindia.indiatimes.com

 

[nahtanbob]

What is the amount in $ value that is exported by Apple from India? That would be the key number to understand the long term plan for Apple wrt to export potential from India.

That breakdown will be interesting

 

[Kaniska]

Apple overtakes Samsung, emerges as largest smartphone exporter from India - Times of India

International Business News: Apple's share of exports soared from just 9% of the roughly 8 million smartphones shipped in Q2 2022, to almost half the total smartphone exports in Q

timesofindia.indiatimes.com

I have read the news. But it is not clear to me the $ value that is gained from export.

 

[CallSignMaverick]

I have read the news. But it is not clear to me the $ value that is gained from export.

$1.25 billion in May

Apple iPhone export from India surges to ₹10,000 crore in May

Apple's iPhone exports from India surged to ₹10,000 crore in May 2023, with smartphone exports crossing ₹20,000 crore in April and May, more than double the same period last year.

www.livemint.com

 

[legacytiger18]

$1.25 billion in May

Apple iPhone export from India surges to ₹10,000 crore in May

Apple's iPhone exports from India surged to ₹10,000 crore in May 2023, with smartphone exports crossing ₹20,000 crore in April and May, more than double the same period last year.

www.livemint.com

i wud say $ 1.25 billion is still paltry, we shud be seeing something like $10 billion every month,thats when it becomes siginificant

 

[CallSignMaverick]

i wud say $ 1.25 billion is still paltry, we shud be seeing something like $10 billion every month,thats when it becomes siginificant

$10 billion every month lol kya fooka hai?

 

[CallSignMaverick]

Bangalore would be next, I guess given the success of Apple store in India, we can expect almost a dozen Apple stores in India in next 5 years.

https://twitter.com/x/status/1711643410090901657

 

[Taskforce]

is this why the latest iPhone is so shitty?

 

[nahtanbob]

https://twitter.com/x/status/1705936143156470040

https://twitter.com/x/status/1705935724296753200

@Skull and Bones @indushek @Puffin @hembo @-=virus=- @VkdIndian @Skimming @nahtanbob @Kuru @INDIAPOSITIVE @SN320 @NG Missile Vessels @legacytiger18 @Hellfire2006 @salarsikander @JaneBhiDoYaaron @Mugen @koolzberg @Kingdom come @Dalit @Kaniska @Bilal9 @Indos @LeGenD @Mugen @Cheepek @protean



Meanwhile Apple supplier foxconn...

https://twitter.com/x/status/1704027548080894411

View attachment 955840

Foxconn's logistics unit Jusda opens new office in TN ahead of iPhone 15 launch

Several reports said that a Foxconn Technology Group plant in Sriperumbudur is all set to deliver the newest devices only weeks after they start shipping from factories in China.

www.livemint.com

https://twitter.com/x/status/1705602119494160742

https://twitter.com/x/status/1667017637069721600

$40 billion is the exports. What is import value of all the components ? The net export value is the only thing that counts

i wud say $ 1.25 billion is still paltry, we shud be seeing something like $10 billion every month,thats when it becomes siginificant

Does Apple even make that much phones ?

 

[waz]

is this why the latest iPhone is so shitty?

Apple is fiat out of ideas….After Jobs it was downhill.

 

[nahtanbob]

Apple is fiat out of ideas….After Jobs it was downhill.

No big ideas. It is not lack of trying. Everything big has sort of failed or stalled. But they are pushing on a lot of small to medium ideas successfully. The biggest advantage is that their rivals are in a bigger mess

They are doing a great job milking the existing product lines - iPhone, iPad and Mac. Apple revenues for fiscal year 2022 was $394 billion. Their profits was $166 billion. Apple revenues exceeds Pakistan's nominal GDP. They can pay off Pakistan's foreign debt in a few months.

 

[Taskforce]

No big ideas. It is not lack of trying. Everything big has sort of failed or stalled. But they are pushing on a lot of small to medium ideas successfully. The biggest advantage is that their rivals are in a bigger mess

They are doing a great job milking the existing product lines - iPhone, iPad and Mac. Apple revenues for fiscal year 2022 was $394 billion. Their profits was $166 billion. Apple revenues exceeds Pakistan's nominal GDP. They can pay off Pakistan's foreign debt in a few months.

That was brutal

 

[CallSignMaverick]

$40 billion is the exports. What is import value of all the components ? The net export value is the only thing that counts

As the ecosystem deepens, more supply chains establish here increasing localisation.