The brief
- Meta is betting AI will bring new hardware alternatives to Apple’s iPhone-led ecosystem
- The hardware contest may shape growth prospects for Indian IT services firms exposed to AI
- Apple to sell 6 million iPhone Duo units this year as IDC predicts 13% growth in foldable phone sales
- Apple’s foldable iPhone production yields remain near 60%, delaying recovery
- Apple set to sell 6 million iPhone Duos in 2026: Counterpoint Research
- Apple Pay enters India with Axis Bank, targeting card usage and broader partnerships
- Apple Pay launches in India with Axis Bank as first card partner