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Friday, November 3, 2023

Apple sees record revenue in India amid China woes

Apple CEO Tim Cook praised India's market as an "extraordinary" one, highlighting the company's all-time revenue record in the country. Cook emphasized the potential for growth in India's expanding middle class and expressed satisfaction with the performance of Apple's retail stores in Mumbai and Delhi. Apple's market share in India has been increasing, aided by local manufacturing, competitive pricing, and strong marketing efforts. Cook also mentioned record-breaking achievements in other countries, but declined to compare the growth momentum in India to that of China.

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