Apple CEO Tim Cook announced a historic revenue milestone in India for the September 2023 quarter, praising the country as an “exciting market.” Despite holding a mere 5% market share, Apple’s revenue reached an all-time high, driven by iPhone sales and robust growth in services. The tech giant, with two new stores in Mumbai and Delhi since April 2023, is making significant strides in India, shipping a record 2.5 million units in Q3 2023. Cook emphasized the vast potential, acknowledging the low market share and expressing enthusiasm for India’s unique journey, signaling a strategic focus on expansion.
Apple Records All-Time Revenue in India, Explores Vast Market Potential
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