Apple CEO Tim Cook is on his India visit for Apple Store launch in Mumbai and Delhi.
Apple CEO Tim Cook has expressed his enthusiasm for the Indian market, calling it an “incredibly exciting market”. He further stressed that India is now a “key focus” for the company.
Apple CEO Tim Cook has expressed his enthusiasm for the Indian market, calling it an “incredibly exciting market”. He further stressed that India is now a “key focus” for the company.
The Cupertino-based tech giant revealed that it posted record revenue of $94.8 billion and profit of $24 billion in the March quarter. Tim Cook highlighted the impressive performance, saying that Apple set an all-time record for services and a March quarter record for the iPhone. This milestone comes after Apple’s continued investment and expansion in India, which has received a good response from the market.
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Apple has opened two Apple Stores in India—Apple BKC in Mumbai and Apple Saket in New Delhi—both inaugurated by Tim Cook himself.
According to Cook, India has set a quarterly record, growing strongly “in double digits year-on-year”, and presents a great opportunity for Apple. “India is an incredibly exciting market. It’s a major focus for us. I was just there, and the dynamism, vibrancy in the market is incredible,” he said. Apple is also happy to do business with several of its channel partners in the country.
During the Q2 earnings call, Cook expressed his excitement about the enthusiasm people have for the brand in India, and both Apple Stores are set to get off to a flying start. “I really feel India is at an inflection point and it’s great to be there,” Cook said.
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