Apple Plans Deeper Push Into Asia in Retail Expansion

Apple plans to expand its retail operations significantly in Asia and Australia from 2023 to 2027, focusing on China, India, Japan, and South Korea. The expansion aims to strengthen Apple's market position against competitors like Samsung, Xiaomi, and Huawei. The financial investment varies by store type, with expected high returns. Despite challenges in local markets, Apple anticipates growth by integrating more consumers into its ecosystem.

Which region is Apple primarily focusing on for its retail expansion?

• South America

• Europe

• Asia

• North America

What is the estimated cost range for constructing a new Apple store?

• $1 million to $5 million

• $5 million to $10 million

• $50 million to $100 million

• $10 million to $50 million

How much revenue can a flagship Apple store generate annually?

• $75 million to $100 million

• $150 million to $200 million

• $30 million to $50 million

• $10 million to $20 million

Which company is a major competitor for Apple in South Korea?

• Sony

• Huawei

• Xiaomi

• Samsung

What is Apple's current market share in the Indian smartphone market?

• Above 50%

• Around 25%

• Below 3%

• Between 10% and 15%