Apple completes 40 years, eyes emerging markets

Apple completes 40 years eyes emerging markets pardesi news 1459951165

The US-based technology giant Apple celebrated its 40th birthday on April 1, 2016 and now it aims to focus on the Indian Smartphone market that has a huge base of 160 million plus users.

As the US-based technology giant recently celebrated its 40th birthday, it aims to make further inroads into the Indian Smartphone market, which has a huge base of 160 million plus users that is even likely to surpass the US Smartphone user base in a couple of years. In March, Apple also stunned its rivals by launching a cheaper, smaller yet powerful iPhone SE and a game changer 9.7-inch iPad Pro. As powerful as iPhone 6S, the device has a 64-bit A9 processor and M9 motion co-processor.

Apple was founded by the late Steve Jobs, along with Steve Wozniak and Ronald Wayne. 

According to RTE News, “Wozniak was the one who created the company's first computer - Apple I - that went on sale in July 1976. This was a heads for the trio, which went on to form its first entity - Apple Computer Company”.

According to the Daily Mail, “The first Apple Store was opened in May 2001 in the state of Virginia, US - the richest county in the country at that time. Apple now has more than 460 stores worldwide”.

In 2015, Apple reported $53 billion in profit on $233 billion in sales, last year; Apple has sold a record number of iPhones. Apple has also been trying different fields, like electric cars and virtual reality, but the present emphasis is on emerging markets such as Indian Smartphone market. 

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Patrick Callahan

Pardesi News Reporter

Pardesi News Reporter

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