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Apple Quarterly Result: iPhone and smart device maker Apple recorded record sales in the country in the January-March quarter this year and achieved double-digit growth on a year-on-year basis. The company’s CEO Tim Cook gave this information. Cook had come to India only last month and inaugurated the company’s first brand retail stores in Mumbai and New Delhi. Apple reported record revenue of $94.8 billion in its quarter ended March, which is better than expected.
CEO Tim Cook gave information
Looking at the business in India, we have set a record quarter,” Cook told analysts on Thursday. Registered strong double digit growth on a year-on-year basis. So it was a very good quarter for us. India is an incredibly exciting market. This is a major focus for us. I went there recently. The dynamism in the market is unbelievable. He added that Apple is expanding operations in India over time to serve more customers.
Apple stores recently launched in Mumbai and Delhi
Cook said, three years ago we launched the Apple Store online. And then we launched two stores a few weeks back – one in Mumbai and one in Delhi – which have taken off very well. Apple has also got many channel partners in the country. Overall, I couldn’t be more happy and excited with the enthusiasm I’m seeing for the brand out there,” the Apple CEO said. A lot of people are coming into the middle class, and I really think India is at a turning point. It’s great to be there.
The company created a new record in India
The company set new records for any quarter in Mexico, Indonesia, the Philippines, Saudi Arabia, Turkey and the United Arab Emirates and for the January-March quarter in Brazil, Malaysia and India.
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