Apple stakes future growth on emerging markets, starting with India

Apple has recorded a surprise rise in iPhone sales, citing success in emerging markets such as India where it is attracting Android users. In Q2, iPhone sales rose by 1.5% to $51.3bn, even as global smartphone shipments fell by 13% over the same period. Canalys data showed that Apple had gained market share from Android phones. The company set sales records in a number of countries across South Asia, Latin America and the Middle East.

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