Apple iPhone shipments may reach 5 million, courtesy iPhone 13 early availability, discounts on older iPhones

The early availability of Apple’s latest iPhone 13 series in India along with developed markets like the US will help the company post strong year-on-year growth in India yearly shipments touching upto 5 million in 2021, analysts said. They, however, added that older-generation iPhone 12 and iPhone 11 will drive the majority of growth due to discounts and price cuts.