Apple growing again, Cook positive on India

Apple CEO Tim Cook has said that growth in India has bounced back in the quarter ended June, after an underwhelming first six months of fiscal year (October-September) that underlined the iconic smartphone maker’s challenges in the South Asian nation amid competition from Chinese rivals such as Xiaomi and OnePlus, besides South Korea’s Samsung.

India, along with emerging markets including Brazil and China performed better, recorded a revenue growth of 3% in the three months to June, compared with a fall of 25% in the six months ended March.