'Very bullish on India,' says Tim Cook amid Apple's global sales challenges
Business Standard|February 04, 2023
Apple CEO Tim Cook has said he is "very bullish on India" and described the country as a major focus and "hugely exciting market" where the technology giant is putting a "significant amount of energy" through investments, retail and online presence.
YOSHITA SINGH New York, 3 February
'Very bullish on India,' says Tim Cook amid Apple's global sales challenges

Apple on Thursday reported revenue of $117.2 billion for the December quarter and set "all-time revenue" records in a number of markets, including Canada, Indonesia, Mexico, Spain, Turkey and Vietnam, along with quarterly records in Brazil and India.

The $117.2 billion revenue was down 5 per cent year-over-year, from $124 billion in December 2021 "as a result of a challenging environment." "We actually did fairly well through Covid-19 in India. And I'm even more bullish now on the other side of it, or hopefully, on the other side of it. And that's the reason why we're investing there.

This story is from the February 04, 2023 edition of Business Standard.

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This story is from the February 04, 2023 edition of Business Standard.

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