Record breaking Q2 growth in India: Apple

Apple witnessed vital progress in India and the nation stays a “major focus” stated Apple Inc CEO Tim Cook.

“We did grow strong double-digit (in India). And so we were very, very pleased about it.It was a new March quarter revenue record for us. As you know, as I’ve said before, I see it as an incredibly exciting market,” he stated within the agency’s Q2 earnings name.

The expertise big posted a Q2 income of $90.8 billion, a slide of 4% year-on-year.

‘’In phrases of the operational facet or provide chain facet, we’re producing there, from a practical standpoint, you could produce there to be aggressive,’‘ he said referring to India.

In another India-involved call-out during the Q2 earnings, Cook said, Apple set revenue records in more than a dozen countries and regions. ‘‘These include, among others, March quarter records in Latin America and the Middle East, as well as Canada, India, Spain, and Turkey.’‘

‘’We simply opened a few shops final 12 months, and we see huge alternative there (India). We’re persevering with to broaden our channels, and likewise engaged on the developer ecosystem as properly,’‘ he stated.

Cook said the company was pleased to see a rapidly growing base of developers in India. ‘‘And so, we’re working the entire total ecosystem from developer to the market to operations, the entire thing. And I simply, I couldn’t be extra excited and keen about it,’‘ he expressed.

According to Cook, Apple was also investing in new solar and wind power in the U.S. and Europe, both to power its growing operations and its users’ gadgets.

Source: www.thehindu.com

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