Apple Plans to Open Retail Stores & Invest in India, Says Tim Cook

Apple recorded its best-ever quarter, with India playing a big part in its improvement.

Is India finally there in the big picture for Apple, Tim Cook? (Photo: The Quint)

Apple must be feeling on top of the world, now that iPhone has become the top-selling phone in the premium segment. You could say that Samsung had a big hand in helping Apple’s cause, with the explosive Galaxy Note 7 (enough jokes make already), but Apple would take it anyway.

With revenue of over $78.4 billion, compared to that of $75.2 billion last year, Apple still rules the roost, no matter what the critics have to say about them.

But you know what’s got us hooked on? Countries like India and Brazil had a big say on the money that Apple has made from selling iPhones globally.

As informed by Tim Cook, CEO, Apple, they recorded Apple’s best-ever quarter by selling 78.3 million units of iPhone. Considering the slowing down of demand for tablets, Apple has surprisingly recorded double digit growth from sales of iPad and MacBook in India.

All this leads us back to the question of why doesn’t Apple take India seriously? When most global markets have shown less interest in Apple products, India goes on to show the potential it’s always had for the company.

So, it was heartening to see that Cook had more than a few lines to talk about India at the earnings call on Tuesday. Here’s what Tim Cook had to say about multiple issues related to India.

Apple has recorded its best-ever quarter, thanks to strong iPhone 7 sales

Even though Apple is happy with the demand for its Macs and iPads, their prices make it an aspirational product, something that all of us can’t afford.

There have been multiple reports suggesting Apple’s intent to make in India, but the set of conditions posed by them to the government need to be cleared for the process to come through. Apple could also seek Foxconn and Wistron’s assistance to get this going.