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    Tim Cook, Apple's CEO, said the company's revenue in India nearly doubled in the June quarter. Cook highlighted double digit revenue growth in emerging markets like Brazil, Indonesia, and Vietnam. In India specifically, Cook noted nearly double revenue growth driven by strong iPhone sales, with the iPhone helping to create new markets for Apple products in countries like India with low iPhone penetration.

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    Tim Cook, Apple's CEO, said the company's revenue in India nearly doubled in the June quarter. Cook highlighted double digit revenue growth in emerging markets like Brazil, Indonesia, and Vietnam. In India specifically, Cook noted nearly double revenue growth driven by strong iPhone sales, with the iPhone helping to create new markets for Apple products in countries like India with low iPhone penetration.

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    8 views1 page

    Apple - Apple's Revenue in India Nearly Doubles On Iphone Sales - CEO - The Economic Times

    Uploaded by

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    Tim Cook, Apple's CEO, said the company's revenue in India nearly doubled in the June quarter. Cook highlighted double digit revenue growth in emerging markets like Brazil, Indonesia, and Vietnam. In India specifically, Cook noted nearly double revenue growth driven by strong iPhone sales, with the iPhone helping to create new markets for Apple products in countries like India with low iPhone penetration.

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    8/6/22, 12:45 PM apple: Apple's revenue in India nearly doubles on iPhone sales: CEO - The Economic Times

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    Business News › Industry › Cons. Products › Electronics › Apple's revenue in India nearly doubles on iPhone sales: CEO

    Apple's revenue in India nearly doubles on iPhone


    sales: CEO
    By Danish Khan & Ashutosh Kumar, ET Bureau Last Updated: Jul 30, 2022, 12:08 AM IST
    SHARE FONT SIZE SAVE PRINT COMMENT

    Synopsis

    ec n a n i F j
    Apple CEO Tim Cook in his opening remarks highlighted that the June quarter revenue

    ec n a n i F j a j a B
    records in developed and emerging markets with double digit growth in Brazil,
    Indonesia and Vietnam, and a near doubling of revenue in India.”

    iPhone-maker Apple’s chief executive


    officer Tim Cook Friday said that the
    Bajaj
    company has nearly doubled its
    revenue in India in the June quarter.
    Analysts said that the brand largely
    Finance
    stayed resilient from the
    macroeconomic headwinds in India, Fixed
    Deposit
    Tim Cook, CEO, Apple
    captururing 3% by volume and 12% by
    value market share in April-June
    quarter.

    Apple CEO Tim Cook in his opening remarks highlighted that the June quarter Bajaj Finance
    revenue records in developed and emerging markets with double digit growth
    in Brazil, Indonesia and Vietnam, and a near doubling of revenue in India.”

    “We also set a June quarter record for switchers with strong double-digit
    Book Now
    growth that is fuelling the additional install base. We continue to execute
    across some significant geographies with low penetration of iPhones between
    Indonesia, Vietnam and India where we did quite well. iPhone tends to be the Popular in Cons. Products
    engine for those markets, particularly at the beginning of creating the market
    1. FMCG sales value dips for 3rd
    there for Apple products,” Cook added.

    month in July as prices


    weigh

    2. Xiaomi leads Indian


    smartphone market with 20
    pc share, Samsung in 5G
    phones in Apr-Jun: Report

    https://economictimes.indiatimes.com/industry/cons-products/electronics/apples-revenue-in-india-nearly-doubles-on-iphone-sales-ceo/articleshow… 1/5

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