Apple CEO Tim Cook’s bet on the queen of eroticismoverseas markets as the company looks for further growth and expansion is starting to show results.
SEE ALSO: Apple bets on Reliance Jio as iPhone sales in India increase 50%The company posted strong quarterly iPhone sales and revenue Tuesday, reporting substantial growth in regions such as India, the fastest growth smartphone market.
Cook, who paid his maiden visit to India as CEO of the company last year, said Apple had "all-time record revenue results" in the country without revealing any numbers.
The company shipped nearly 2.6 million iPhones in India last year, according to marketing research firm Counterpoint, which claimed that iPhones now account for 62 percent of all premium smartphones shipped in the country.
The feat came at a time when other smartphone manufacturers reported decline in sales amid India’s demonetisation step.
India invalidated much of its cash last November, sending a panic among its over billion citizens who have been scrambling for tender bills and other means to get on with their daily chores in the days since.
"[We] fully intend to invest significantly in the country and believe it's a great place to be," Cook said.
"Despite the demonetisation move in India that created lots of economic pressure there last quarter," Cook said in the earnings call, "we had all-time record revenue results, and so we were very happy about that."
Though Apple has acknowledged India as an important market for its future growth, its intentions were never as strong and in public domain as they were last year.
During his week-long stay in India, Cook announced a new iOS app design and development accelerator in Bangalore, and opened a map development office in Hyderabad in a move to bolster its services for the local market and attract Indian talent.
But more importantly, he expressed desires to open company’s retail stores in India. Apple has also shown interest in making its iPhones more affordable for the Indian market.
The company has had several talks with the Indian government officials to manufacture locally in the country, a bid that would enable it to avail several tax concessions.
"We are in discussions on a number of things, including retail stores, and fully intend to invest significantly in the country and believe it's a great place to be," Cook said.
Cook also counted India as one of the handful regions where its Mac and iPad lineups have observed a double-digit growth in sales.
Topics Apple iPad iPhone MacBook
Literate Liars and the Lying Lies We Tell by Sadie SteinEdward Gorey Does the Classics by Sadie SteinSmall Island: An Interview with Nathaniel PhilbrickChocolate, Jerks, and Other News by Sadie SteinLiterate Liars and the Lying Lies We Tell by Sadie SteinYou have to be extremely online to understand the threat America faces nowBeatrix Potter, “Study of a Spider” by Sadie SteinAnd just like that, 'Sex and the City' turned on Android phonesCrystallized Books, and Other NewsMaximum Ride by Sadie Stein'Insidious: The Red Door': Everything you need to know about the franchise to dateApple is working on turning AirPods Pro into a hearing aid, report says'The Idol' finale: Why that hairbrush twist makes zero senseThe Mysterious Book Sculptor of Edinburgh Strikes Again, and Other News by Sadie Stein'Quordle' today: See each 'Quordle' answer and hints for July 4Happy Birthday, Raymond Chandler by Sadie SteinGin, Cigarettes, and Desperation: The Carson McCullers Diet by Sadie SteinHBO's 'Insecure' is streaming on NetflixApple is working on turning AirPods Pro into a hearing aid, report saysHappy Birthday, Raymond Chandler by Sadie Stein Yup, Beyonce's 'Lemonade' just got an Album of the Year Grammy nom Witness the devastation of Aleppo in this 360 How Oculus and 3D printers will let artists sculpt with digital clay Guess who's the only British person on Time's person of the year shortlist George R.R. Martin confirms 'The Winds of Winter' will not be a happy book Justin Trudeau has worked his way back into our hearts Trump started a Twitter war with China, and it worked: China's mad Plenty of GIF and emoji fun with Android's latest update The trolls who believe Bana, 7 New animated short film reveals the anxiety and stigma of 'flying while fat' 'Rogue One' director justifies reshoots: 'Star Wars has to be fantastic' Indians mourn as iconic actress turned politician Jayalalithaa dies 'The Last Guardian' is a half Nigel Farage is mocked on Twitter over a spelling error Man's angry tweet about Christmas backfires spectacularly Drones capture first wintry wonderland weekend in the Midwest Unicorn eyeliner is 2016's latest mythical beauty trend Apple's new iPhone 7 ad features the cutest 'Romeo and Juliet' ever Fiona Apple's Christmas carol delivers a holiday message to Donald Trump These former Clinton staffers are looking to disrupt local politics with their new startup
3.3977s , 8288.0859375 kb
Copyright © 2025 Powered by 【the queen of eroticism】,Miracle Information Network