Apple India records sales of Rs 25 crore on new store launches in Mumbai and Delhi

Last Update: June 01, 2023, 18:20 IST

Apple launched its first stores in Mumbai and Delhi earlier this year

Apple launched its first stores in Mumbai and Delhi earlier this year

Apple recently launched its first two exclusive stores in India and the sales numbers suggest that it was a success.

Apple India has reportedly clocked sales of around Rs 25 crore thanks to the launch of new stores in Mumbai and Delhi. The company has apparently started earning its money back, and according to reports, Apple saw the biggest revenue for any electronics store during the non-festive period in the country.

The ET report, quoting sources, said that both the Apple stores in Mumbai and Delhi have witnessed huge sales within weeks of being opened to customers in the country.

reports says that both the Apple stores in Mumbai and Delhi have generated a monthly revenue of around Rs 22 to 25 crore. Apple also saw massive interest during the store launch in Mumbai and Delhi, which helped the company clock a revenue of Rs 10 crore on the opening day of the Apple BKC store in Mumbai.

In comparison, a regular electronics store manages to make around Rs 8 crore during the entire month, which shows how much people in India have waited for Apple’s first set of exclusive Apple Stores to open their gates. The report claimed that over 6,000 people visited the Apple stores in Mumbai and Delhi on the day of their launch in both the cities.

If the numbers are solid and this is what Apple has managed to record in just a few weeks, it will be interesting to see how retail stores fare over the course of the year.

Apple’s big launches typically happen during the second half of the year, when you can expect the iPhone 15, Apple Watch Series 9, and new Macs, and with all of the new models expected to arrive in these stores, the number of It is likely to get bigger in the coming months. Apple Stores will certainly have a great quality of products, something that other retailers haven’t been able to offer. In addition to the experience of buying its products, Apple has other services available as well, such as the Genius Bar, among other services.

The Apple BKC and Apple Saket stores were inaugurated by Tim Cook, CEO, Apple, in Mumbai and Delhi respectively and there was a huge fanfare for these launches in the cities. Apple’s revenue numbers also look higher than normal because of the average selling price of Apple products. For example, the iPhone 14 costs Rs 79,999 while Macs start at over a lakh these days.