Very bullish on India, says Apple CEO; describes country as a major focus

Apple CEO Tim Cook has said he is very bullish on India and described the country as a major focus and “hugely exciting market where the technology giant is putting a significant amount of energy through investments, retail and online presence.

Apple on Thursday reported revenue of USD 117.2 billion for the December quarter and set all-time revenue records in a number of markets, including Canada, Indonesia, Mexico, Spain, Turkey and Vietnam, along with quarterly records in Brazil and India.

The USD 117.2 billion revenue was down 5 per cent year-over-year, from nearly USD 124 billion in December 2021 as a result of a challenging environment.