Published 19:08 IST, November 1st 2024
Tim Cook's Big Announcement For India, Confirms 4 New Apple Stores. Check City List
Apple CEO Tim Cook announced the opening of four new official retail stores of Apple in India, adding onto the company's expanding market in India.
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Apple CEO Tim Cook has anunced opening of four new official retail stores of Apple in India, adding onto company's expanding market in country. Addressing an event, Tim Cook said that y can't wait more to open new stores for Apple consumers.
"We can't wait to bring four new stores to customers in India," Tim Cook said.
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All four stores are planned for major cities, Bengaluru, Pune, Mumbai, and Delhi-NCR. se stores are expected to generate employment for approximately 400 people.
"We continue to be excited by enthusiasm we're seeing in India, where we set an all-time revenue record," Cook added. Company earned record breaking revenue in India during its 3rd quarter.
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Apple reportedly generated around Rs 800 crores from ir existing official stores in Mumbai' BKC and Delhi's Saket in ir first year of operations.
India's strong performance is highlighted by Apple's total iPhone revenue reaching $46.2 billion for quarter, up from $43.8 billion a year ago. In fiscal year 2024, company produced $14 billion worth of iPhones in India—double amount from previous year—solidifying country’s role as an important manufacturing hub for Apple.
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CFO of Apple, Luca Maestri, highlighted strong performance of apple products from all segments, saying "double-digit growth" in India and South-Asia.
17:26 IST, November 1st 2024