Apple Stores: Apple’s breaks revenue records in India, CEO Tim Cook calls it an “extraordinary” market
It has been quite a year for Apple in India and CEO Tim Cook says that he couldn’t be more happier. The company announced its quarterly results and Cook during the investors call shared his thoughts about the Indian market. Apple’s overall revenue was slightly down compared to previous quarter but Cook was upbeat about the Indian market.
An all-time revenue record in India
Overall, in the quarter gone by, Apple set an all-time record in India, among other countries, said Cook.The iPhone seems to be doing really well in India as well as the revenue from it also hit an all-time high. “iPhone, revenue came in ahead of our expectations, setting a September quarter record. As well as quarterly records in many markets, including China Mainland, Latin America, the Middle-East, South Asia and an all-time record in India,” said Cook.
Cook also said that Apple grew “very strong double digits” in India, before adding “It’s an incredibly exciting market for us and a major focus of ours.”
India still remains an ‘Android’ country and Cook says that it gives Apple more headroom. “We have low share in a large market and so it would seem that there’s a lot of headroom there [in India]”.
He also said that India is an “extraordinary market”with a lot of people moving into the middle class. He said that there are “lots of positives” for Apple in the country.
Apple Stores doing well in India
Earlier this year Apple opened two retail stores — one in Mumbai and one in New Delhi — for the first time in India. As per Cook, they are doing better than the company anticipated. “It’s still early going but they are off to a good start and I couldn’t be happier with how things are going at the moment,” said the Apple CEO.
An all-time revenue record in India
Overall, in the quarter gone by, Apple set an all-time record in India, among other countries, said Cook.The iPhone seems to be doing really well in India as well as the revenue from it also hit an all-time high. “iPhone, revenue came in ahead of our expectations, setting a September quarter record. As well as quarterly records in many markets, including China Mainland, Latin America, the Middle-East, South Asia and an all-time record in India,” said Cook.
Cook also said that Apple grew “very strong double digits” in India, before adding “It’s an incredibly exciting market for us and a major focus of ours.”
India still remains an ‘Android’ country and Cook says that it gives Apple more headroom. “We have low share in a large market and so it would seem that there’s a lot of headroom there [in India]”.
He also said that India is an “extraordinary market”with a lot of people moving into the middle class. He said that there are “lots of positives” for Apple in the country.
Apple Stores doing well in India
Earlier this year Apple opened two retail stores — one in Mumbai and one in New Delhi — for the first time in India. As per Cook, they are doing better than the company anticipated. “It’s still early going but they are off to a good start and I couldn’t be happier with how things are going at the moment,” said the Apple CEO.
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