August 26, 2026 03:47 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Supreme Court directs Tarun Tejpal to surrender within two weeks | Supreme Court notice to 20 rebel TMC MPs in disqualification plea | ‘Reservation for poor, not caste’: Stir at Delhi’s Jantar Mantar | Dalit woman 'gangrape-murder' shocker in Karnataka: 4 arrested after body found in well | India dismisses Pakistan's 'frustration' over US envoy's J&K remark | Centre denies US visit clearance to Telangana CM Revanth Reddy, says programmes 'not appropriate' | Delhi Police register FIR in pellet gun case after Rahul Gandhi's sit-in | Rahul Gandhi stages dharna at Delhi police station over CJP protest crackdown, targets Amit Shah | CJP school tour turns chaotic in Jaipur: Cars vandalised, stones pelted as Ashutosh Ranka alleges BJP ‘goons’ attack | Vande Mataram row: Kangana Ranaut slams Sharmila Tagore, says ‘come out of Hindu-Muslim mindset’
Apple
Photo Courtesy: Tim Cook X page

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

| @indiablooms | May 04, 2024, at 10:03 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.