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Apple Now Has a Better Chance at Succeeding in India


Apple Now Has a Better Chance at Succeeding in India

Apple (NASDAQ: AAPL) has struggled to crack the Indian smartphone market so far thanks to weak distribution and premium pricing. The iPhone-maker had previously missed its projected sales target in this market by a wide margin, but recent developments could turn the tide in its favor.

Let's take a look at what has changed for Apple in India and why its chances of making a bigger dent in the Indian smartphone market have increased of late.

Image Source: Apple 

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Source: Fool.com

Apple Inc. Stock

€171.04
5.950%
Apple Inc. dominated the market today, gaining €9.60 (5.950%).
Currently there is a rather positive sentiment for Apple Inc. with 79 Buy predictions and 5 Sell predictions.
With a target price of 199 € there is a slightly positive potential of 16.35% for Apple Inc. compared to the current price of 171.04 €.
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