Apple has made important developments in India this yr by opening its first two retail shops. Throughout a latest traders’ name, Apple CEO Tim Cook dinner reiterated the corporate’s deal with India and its potential for progress.

Cook dinner acknowledged that Apple’s market share in India is at present low, as Android dominates the market. Nonetheless, he sees this as a large alternative for Apple to extend its presence. Based on a latest IDC report, Apple holds round 7.7% of the Indian smartphone market, making it the seventh largest participant. Cook dinner expressed his dedication to increasing Apple’s market share by means of investments in direct-to-consumer affords and channel enlargement.

As well as, Cook dinner shared that Apple achieved a file quarter income in India and skilled robust double-digit progress. The response to the corporate’s first two shops in Mumbai and New Delhi exceeded expectations, emphasizing India’s standing because the second-largest smartphone market on the earth.

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