India manufacturing, retail stores top priority: Cook
Stressing once again that India is an important market for Apple, CEO Tim Cook said the current manufacturing in the country will see maximum growth in days to come amid the renewed push to open its branded retail stores in the country.
In an earnings call with analysts after declaring Q2 results late Tuesday, Cook said the company has made some adjustments in India and have seen preliminary some better results there.
“I think India is a very important market in the long-term. It’s a challenging market in the short-term. But we’re learning a lot.
“We have started manufacturing there which is very important to be able to serve the market in a reasonable way. And we’re growing that capability there,” the Apple CEO informed.