Consumers Are Holding Their Older iPhones a Bit Longer Than in the Past: Tim Cook
Although Apple CEO Tim Cook skipped mentioning India directly during the company's earnings call with analysts, he stressed that there are several factors why iPhone sales are not picking up in the emerging markets. "The customers are holding on to their older iPhones a bit longer than in the past. "When you pair this with the macroeconomic factors, particularly in emerging markets, it resulted in iPhone revenue that was down... Read More