India will represent 20% of Apple’s growth in next five years, predicts Morgan Stanley

  • Morgan Stanley predicts a surge in Apple’s five-year revenue due to investment in Indian manufacturing and India’s economic boom.
  • Analysts forecast India could account for 15% of Apple’s revenue growth and 20% of the installed base growth.
  • Despite the bullish stance, they warn that if India fails to meet economic and demographic growth, the impact on Apple may not be as significant.
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