New Delhi, August 4 (PTI). Tech giant Apple achieved record revenue in India during the June quarter, driven by impressive iPhone sales.
Apple’s CEO, Tim Cook, expressed satisfaction with the company’s performance in the world’s second-largest smartphone market.
Company executives stated that despite the enormous potential of the Indian market, Apple’s market share in the country is still relatively low.
The recent announcement of Apple’s revenue highlights the company’s prominence in India. It was reported that the performance of the stores opened here has been better than expected.
Cook says on Apple’s iPhone sales
When asked about India’s potential, Cook responded, “You know we had a record quarter in India in the June quarter, and we grew at strong double digits there. We set up two new Apple stores during the quarter, and they are doing incredibly well.”
Apple plans to continue investing in building channels and offering direct deals to consumers.
Cook further added, “It’s the world’s second-largest smartphone market, and we should be doing a really good job of getting product to market, and we’re doing that. We’re growing in double digits there, and we could not be happier.”
An Apple executive mentioned that the company’s market share in the smartphone market is still quite low, making India a significant opportunity for Apple.