Apple Plans To Open 4 New Stores In India As Tim Cook Claims iPhone Was Top-Selling Phone In The Country

Apple chief Tim Cook said India "is the second largest smartphone market in the world."

Cook is confident that Apple can tap into a significant portion of the market.

Source : X/@theapplehub

Apple's commitment to the Indian market remains unwavering, with CEO Tim Cook emphasising the company's ongoing expansion efforts and growth prospects. As first reported by Moneycontrol, during a recent earnings call, Cook shared the exciting news, revealing that Apple had achieved a record-breaking performance during the December quarter.

The company’s success in India is a key part of this performance, as Cook doubled down on Apple’s plans to further establish a stronger presence in the region. "We’re opening more stores there, we’ve announced that we’re going to open four new stores there," he said, showcasing the company's intent to deepen its engagement with Indian consumers.

Apple Remains Bullish On India

Cook also underscored India’s immense potential, noting that the iPhone had emerged as the top-selling smartphone model in the country during the quarter. As the world’s second-largest smartphone market and the third-largest for PCs and tablets, India represents an opportunity for growth. Despite Apple’s relatively modest market share, Cook is confident that the company can tap into a significant portion of the market.

Apple has seen notable success in the tablet sector, particularly with the iPad. A recent report from Cybermedia Research revealed that Apple dominates the Indian tablet market with a commanding 34 per cent share. The iPad 10 Series has been instrumental in driving this growth, accounting for 60 per cent of Apple’s tablet shipments. This solidifies the company’s momentum in the region, where it has earned a reputation for delivering high-quality devices.

“It’s the second largest smartphone market in the world and the third largest for PCs and tablets, and so there’s a huge market, and we have very modest share in these markets, and so I think there’s lots of upside there,” Cook said.

Moreover, according to data from Kantar, as per the Moneycontrol report, Apple’s iPhone was a top-selling model not only in India but also in major global markets, including the US, China, the UK, and Japan, during the December quarter.