Technical / Apple crosses 2 billion active devices In India retail store soon check all details

Technical | Apple has made a unique record in India. Apple CEO Tim Cook has said that the company has set quarterly records in Brazil and India as well as another revenue record for the Indian market. After posting its quarterly results, Cook said on Thursday that looking at the business in India, we set a quarterly revenue record and delivered very strong double-digit growth year-over-year and so we feel very good about that. .

Tim Cook said – Indian market is very important

Tim Cook announced that the Indian market has done wonders even in critical conditions. India is a very important market for us and a major focus. We brought online store in 2020. We will soon bring Apple retail here. Apple is all set to launch its first 'brick-and-mortar store' in Mumbai soon.

Apple's online stores coming to India

Tim Cook further said, 'Despite Kovid, we did a great job in India. I have more hopes now. That's why we're investing there and putting a lot of energy there by bringing retail, online stores. I am very optimistic about India.

Apple CEO Tim Cook told that we are putting a lot of emphasis on the market. Trying to make the product very affordable and trying to give more offers. The company's Chief Financial Officer Luca Maestri said, "Every major product category and geographic segment is delivering strong results, with strong double-digit growth in emerging markets such as Brazil, Mexico, India, Indonesia, Thailand and Vietnam."

Let us tell you, Apple sold 2 million iPhones in India in the fourth quarter of 2022, registering an increase of 18 percent (quarter-by-quarter) for its flagship device. India's market share of iPhone to reach 5.5 percent by 2022 with 11 percent growth (year-on-year). The iPhone 14 series registered 59 percent market share in Q4 2022, followed by the iPhone 13 series at 32 percent.