Photo Credit: David Paul Morris/Bloomberg
Apple CEO Tim Cook reaffirmed the company’s commitment to the Indian market during an investors’ call following their quarterly results.
He highlighted a record performance for the December quarter and emphasized plans to open more stores in India.
“We’re opening more stores there, we’ve announced that we’re going to open four new stores there,” Tim Cook stated.
The Apple CEO also shared that the iPhone was the top-selling model in India for the quarter.
“It’s the second largest smartphone market in the world and the third largest for PCs and tablets, and so there’s a huge market, and we have very modest share in these markets, and so I think there’s lots of upside there,” he asserted.
While Apple’s share of the PC market in India remains small, the company has seen strong performance in the tablet sector.
According to a Cybermedia Research report, Apple led the Indian tablet market with a 34% share, with the iPad 10 Series contributing 60% of the company’s tablet shipments, underscoring its momentum in the market.
A recent Kantar survey also revealed that the iPhone was the top-selling model in several key markets during the December quarter, including the US, urban China, India, the UK, France, Australia, and Japan.
Apple’s Chief Financial Officer, Kevan Parekh, added that the company is seeing strong demand from enterprises in India.
He pointed to Zomato, which has deployed thousands of Macs across its workforce to drive innovation, as an example of the growing enterprise interest in Apple products.
Also Read: Apple Leads In Value Share; Vivo Tops In Volume In India Smartphone Market In 2024
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