- Apple (NASDAQ:AAPL) sold 22.39M iPhones in the U.S. during Q4, according to Counterpoint Research data.
- The sales pushed Apple to a record 44% market share, up from 37%.
- Counterpoint said the quarter, which marked the first time the iPhone passed 22M domestically, was particularly impressive because the promotional season wasn’t as aggressive as in the past and upgrade rates were slightly lower on the year.
- Despite reports of Q1 production cuts, the iPhone X outsold the 8 and 8 Plus by a 2:1 margin in Q4.
- Refurbished iPhones: Apple could drive sales for its older iPhone models with refurbished iPhone 7 and 7 Plus models available through the official store for $499 (32GB model) to $679 (256GB model).
- India import tax raised again: Apple’s attempt to gain more than 3% of the Indian market hits another hurdle as the import tax increases from 15% to 20%.
- The rate was hiked five percentage points to 15% in December.
- The iPhone SE is the only model assembled locally and exempt from the import tax. But Reuters sources said Apple assembler Wistron plans a new iPhone 6s plant in the country.
- Previously: Apple admits to government questioning; new iPhone coming to India? (Jan. 31)
- Now read: Amazon (NASDAQ:AMZN) Surpasses Apple As Most Valuable Business On Earth
Original article