Apple has replaced its India country head Sanjay Kaul with a veteran executive Michel Coulomb, sending strong signals that the Cupertino-based iPhone maker seeks more business in India.
Coulomb had earlier led Apples operations in Middle East, Turkey and Africa before moving into Singapore last year.
"Apple has been under pressure since iPhone X launch as supply issues hampered its sales in India. Although we can't link Kaul's resignation with this yet but yes, the company has had sluggish sales in recent months," Jaipal Singh, Senior Analyst, IDC India, told IANS.
Apple introduced its much-awaited iPhone X in India on November 3 amid heavy demand but only a few from those who had pre-booked it in the first slot received their units as retailers and online players were handed over a thin supply of the Rs 89,000 (starting price) device on Day 1.
According to industry analysts, the waiting period was going to be at least five-seven weeks for those who didn't book the device in the first slot.
"Demand for iPhone X was very strong in India. However, right from the day one, it was obvious that users eager to buy iPhone X are in for a long waiting queue," Tarun Pathak, Associate Director, Mobile Devices and Ecosystems, Counterpoint Research, told IANS.
Apple CEO Tim Cook has been emphasizing the importance of India as a smartphone market for the company.
During a call with investors in November this year, Cook said that revenue from emerging markets outside of greater China was up 40 percent, with great momentum in India where revenue doubled year over year (YoY).
But unlike the global markets, the India market is quite price-sensitive and with Samsung and now OnePlus, the premium segment has become quite competitive for Apple.
After the government hiked customs duty from 10 percent to 15 percent for mobile handsets last week, Apple on Monday became the first smartphone manufacturer to raise prices (on MRP) across iPhone models, except iPhone SE that the company assembles in Bengaluru.
The Cupertino-based iPhone maker is also seeking tax relief and other incentives from the government to begin assembling more handsets in the country.
Apple is currently assembling the iPhone SE model at its Bengaluru facility with Wistron Corporation, its Taiwanese manufacturing partner.
(With inputs from IANS)
