May 26, 2024 17:24 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Payal Kapadia's Indian film All We Imagine As Light wins Grand Prix Award at Cannes | 'Was told to take the blame': Pune Porsche teen's grandfather told driver to take responsibility for crash | 24 killed in gaming zone fire in Gujarat’s Rajkot; PM Modi expresses grief | INDIA bloc performing mujra for vote bank, says Prime Minister Narendra Modi launching a scathing attack on opposition parties | West Bengal, Odisha brace for impact of Cyclone Remal, check the latest update on landfall time
Apple CEO Tim Cook expresses happiness over company's double-digit progress in India
Photo Courtesy: Tim Cook X page

Apple CEO Tim Cook expresses happiness over company's double-digit progress in India

| @indiablooms | 04 May 2024, 04:33 pm

Apple CEO Tim Cook has expressed happiness over the company's performance in India during the latest earnings call.

Cook said the company registered a double-digit growth in India.

“We did grow strong by double-digit, and so we were very, very pleased with that. It was a new March quarter revenue record for us," Cook was quoted as saying by Hindustan Times.

"As you know, as I’ve said before, I see it as an incredibly exciting market and it’s a major focus for us," he said.

Cook's remark was made at a time when the company's revenue declined 4% owing to a fall in iPhone sales by as much as 10% compared to the same period last year.

Apple's chief financial officer Luca Maestri was quoted as saying by Hindustan Times, “We were particularly pleased with our strong momentum in emerging markets, as we set first-half revenue records in several countries and regions including Latin America, the Middle East, India, Indonesia, the Philippines, and Turkey."

“We are happy because these are markets where our market share is low, the populations are large and growing, and our products are really making a lot of progress in those markets. The level of excitement for the brand is very high,” Luca Maestri said.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.