Tim Cook, the CEO (Chief Executive Officer) of Apple, referred to India as the market where the technology giant is investing heavily and expanding its retail and online presence. In addition to setting quarterly records in Brazil and India, Apple reported revenue of USD 117.2 billion for the quarter ending in December. The company also established “all-time revenue” records in a number of other territories, including Canada, Indonesia, Mexico, Spain, Turkey, and Vietnam. He further said, “Taking a step back, India is a hugely exciting market for us and is a major focus. Earlier in a statement, Cook said that as part of its expanding installed base, Apple now has more than two billion active devices.

Source: Indian Express February 04, 2023 14:10 UTC