Apple CEO Tim Cook spoke about a “terrific quarter in India,” as the country stood out in the iPhone maker’s December-quarter performance, which set a revenue record, fueled by a surge in new user adoption.“We set quarterly revenue records on iPhone and Mac and iPad. And an all-time revenue record on services…We really like what we see there,” Cook said, as Apple rides a wave of demand in what is now the world’s second-largest smartphone market and fourth-largest PC market.Despite that scale, Apple believes it is only scratching the surface. Cook pointed out the company still has a “modest share” in India, even after years of steady growth. “So we think there is a huge opportunity for us there. And we could not be more excited about it,” he said.A key driver of that opportunity is first-time buyers. According to Cook, “the majority of customers that are buying iPhones and Mac and iPad and Watch are all new to that product,” underlining how Apple is expanding its user base rather than merely upgrading existing ones.The company is also deepening its physical presence to support that growth. “We were excited to open our fifth store in India in December,” Cook said,… Read MoreYourStory RSS Feed
