Apple has made significant advancements in India this year by opening its first two retail stores. During a recent investors’ call, Apple CEO Tim Cook reiterated the company’s focus on India and its potential for growth.
Cook acknowledged that Apple’s market share in India is currently low, as Android dominates the market. However, he sees this as a massive opportunity for Apple to increase its presence. According to a recent IDC report, Apple holds around 7.7% of the Indian smartphone market, making it the seventh largest player. Cook expressed his commitment to expanding Apple’s market share through investments in direct-to-consumer offers and channel expansion.
In addition, Cook shared that Apple achieved a record quarter revenue in India and experienced strong double-digit growth. The response to the company’s first two stores in Mumbai and New Delhi exceeded expectations, emphasizing India’s status as the second-largest smartphone market in the world.
Denial of responsibility! TechCodex is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, and all materials to their authors. For any complaint, please reach us at – [email protected]. We will take necessary action within 24 hours.
Alex Smith is a writer and editor with over 10 years of experience. He has written extensively on a variety of topics, including technology, business, and personal finance. His work has been published in a number of magazines and newspapers, and he is also the author of two books. Alex is passionate about helping people learn and grow, and he believes that writing is a powerful tool for communication and understanding.
Denial of responsibility! TechCodex is an automatic aggregator of Global media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, and all materials to their authors. For any complaint, please reach us at – [email protected]. We will take necessary action within 24 hours.
