1. Apple could boost smartphone sales after approval to sell iPhone 16 in Indonesia. 2. Apple plans a manufacturing plant and R&D center in Indonesia. 3. Indonesia has a population over 280 million, critical for growth. 4. Smartphone growth in Indonesia was 15.5% year-over-year in 2024. 5. Apple's iPhone 16e may further enhance its market presence.
The agreement to sell iPhone 16 in Indonesia can significantly boost sales in a key market. Historical examples show similar expansions led to increased revenues for Apple.
The potential increase in smartphone sales by entering a large market can significantly impact AAPL's revenue. Additionally, strategic investments suggest long-term commitment to growth.
Positive impacts from entering the Indonesian market could unfold over years, similar to Apple's growth in China. Sustained investment may lead to long-term market penetration.