Apple Keen on Indian Market: Tim Cook

apple keen on indian market tim cook

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Apple, a Cupertino tech giant, has been growing rapidly in India. Tim Cook, CEO of Apple, said recently at the earnings call of the company that they plan to open four more stores in India. This statement comes at the backdrop of Apple registering record revenues in the December 2024 quarter. The four new stores have been already confirmed by the company before. During the holiday quarter, Apple registered a whopping $124.3 billion in revenues. Apple achieved these numbers even after stiff competition in China.

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Tim Cook said, “The iPhone was the top-selling model in India. It is the second-largest smartphone market in the world, and the third-largest for PCs and tablets, so there’s a huge market. We have very modest share in these markets, so we have an upside there. And this is only one of the emerging markets.”