If you are thinking of buying an iPhone, then there is good news for you. Apple CEO Tim Cook has recently set a new record in India. The company has exported 6 billion iPhones from India in the last quarter. Now their next target is to export 10 billion iPhones from India.
Apple earned $94.9 billion in revenue in India between July and September, up 6 percent from a year earlier. This figure is an indication of how rapidly Apple is growing its business in India.
Tim Cook also announced that Apple is going to open four new stores in India. Last year, the company opened two retail stores in Mumbai (BKC) and Delhi (Saket). Now new stores will be opened in Pune, Bengaluru, Delhi-NCR and Mumbai. Tim Cook said that he is eagerly waiting for the opening of these stores.
Tim Cook also said that Apple is planning to work in the education sector. He said that it is possible to improve education with the help of technology. He believes that teachers should teach students the correct use of technology so that they can understand this knowledge themselves.
Apple is also focusing on expanding its manufacturing in India. The company has increased the number of its manufacturing units here. Foxconn has been assembling iPhones in India for many years, and now Pegatron Corporation and Tata Electronics have also joined in this work.
Currently, Foxconn is the largest supplier of iPhones in India. Apart from this, Tata Group's electronics manufacturing unit has exported iPhones worth $1.7 billion from Karnataka from April to September. Thus, Apple's growing business in India is not only increasing iPhone sales but also providing employment opportunities in India. Through new stores and manufacturing units, Apple has shown a new direction for its Indian customers. All this shows that Apple is looking at India as an important market and is trying to establish its foothold here.
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