Bharat Express

Tim Cook

Apple has named Indian-origin Kevan Parekh as its new Chief Financial Officer (CFO). Parekh will also join the tech giant’s executive team. Current CFO Luca Maestri will transition out of his role on January 1, 2025, according to Apple’s statement.

Apple has achieved new revenue milestone in India for the April-June period, robust local manufacturing and a significant increase in exports.

Originating from Chennai, Pichai continued a tradition inspired by Apple CEO Tim Cook, who annually shares Diwali photos taken on iPhones by Indian users.

Apple has struggled in the country in recent years

Apple CEO Tim Cook has said that layoffs at Apple will be made only as a 'last resort.' 

Apple has released its financial results for the fiscal 2023 second quarter

The Indian growth story has now hit warp speed and is showing zero indications of slowing down.

In a nation of 1.4 billion people where rising incomes are boosting consumer spending and smartphone sales are plateauing elsewhere in the world.

Until recently, many countries and companies “had put all their eggs in the China basket”, said Partha Sen, professor emeritus at the Delhi School of Economics, according to the article.

Tim Cook to inaugurate Apple’s Delhi store today