Apple Has A Small Market Share In A Huge Market, But There Is Plenty Of Possibility For Growth In India: Tim Cook
We had an all-time revenue record in India. We grew very strong double-digits. It’s an incredibly exciting market for us and a major focus of ours
He went on to say that Apple has a “low share in a large market, so there appears to be a lot of headroom there.
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Cook underscored that Apple sees “an extraordinary market” in India, “a lot of people moving into the middle class, distribution is getting better, lots of positives.
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Apple has released its financial results for the fiscal 2023 fourth quarter, which ended September 30, 2023.
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Cook said that Apple reached “an all-time revenue record” in India, as well as September quarter records in a number of countries
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According to him, iPhone revenue exceeded the company’s forecasts, hitting a September quarter record as well as quarterly records
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