Apple has decided to stop selling iPhones in Russia. A study has shown that this decision will cost the company more than Rs 370 million daily.
According to a study by Burga, a company that makes phone covers, Apple will lose 3 million a day, or more than करोड 370 million, from iPhone sales.
Although this amount is small in terms of daily transactions, it is a big challenge for Apple in terms of the market.
Between 2014 and 2021, iPhone sales in Russia increased by 200 percent.
Apple has lost market share in the Russian market, along with the iPhone, to other products, the impact of which is not covered by these figures. That being said, the decision to pull out of Russia could be a huge blow to Apple.
