Apple has seen powerful growth in India, and the country remains a “top target,” Apple Inc CEO Tim Cook said.
“We have seen powerful double-digit growth (in India). And that’s why we were very, very joyful with it.It was a fresh revenue record for us in the March quarter. “As you know, as I said, I see this as an extremely thrilling market,” he said on the company’s second-quarter earnings call.
The tech giant reported second-quarter revenue of $90.8 billion, down 4% year-over-year.
“On the operational side or the supply chain side, we produce there, from a pragmatic point of view, to remain competitive you have to produce there,” he said, referring to India.
Cook said that on another India-focused second-quarter earnings call, Apple set revenue records in more than a dozen countries and regions. “These include, among others: March quarter records in Latin America and the Middle East, as well as in Canada, India, Spain and Turkey.
“We opened a few stores last year and we see huge opportunities there (India). We continue to develop our channels and also work on the development ecosystem,” he said.
Cook said the company is joyful to see its rapidly growing developer base in India. “And so we work on the entire ecosystem, from the developer, through the market, to operations, the whole thing. I just couldn’t be more excited and enthusiastic about it,” he expressed.
Apple has also been investing in fresh solar and wind power in the U.S. and Europe, both to power its growing business and its users’ devices, according to Cook.
