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.

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.

Apple has released its financial results for the fiscal 2023 fourth quarter, which ended September 30, 2023.

Cook said that Apple reached “an all-time revenue record” in India, as well as September quarter records in a number of countries

According to him, iPhone revenue exceeded the company’s forecasts, hitting a September quarter record as well as quarterly records