Apple CEO Tim Cook says business in India still quite low relative to size of opportunity

Apple CEO Tim Cook has said the company’s share in India is quite low relative to the size of the opportunity and setting up retail stores in the future in the country will be a great initiative.

Apple launched the Apple Store online in India on September 23, offering Apple’s full range of products and support directly to customers across the country for the first time. ”If you take India as an example, we doubled our business last quarter compared to the year ago quarter. But our absolute level of business there is still quite low relative to the size of the opportunity. And you can kind of take that and go around the world and find other markets that are like that as well,” Cook said on Wednesday in the company’s Q1 2021 results earnings call.