Apple set quarterly record in India, country at a tipping point: Tim Cook

Apple set a quarterly record in the January-March period in India and grew very strong, in double digits year-over-year, said Tim Cook, the company’s CEO who was in India last month to open the first branded retail stores in Mumbai and New Delhi.

Apple reported a record revenue of $94.8 billion for its March quarter which was better than expectations.

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“Looking at the business in India, we did set a quarterly record, grew very strong, double digits year-over-year. So it was quite a good quarter for us, taking a step back, India is an incredibly exciting market. It’s a major focus for us. I was just there, and the dynamism in the market, the vibrancy is unbelievable,” Cook told analysts during the earnings call late on Thursday.

Over time, he said, Apple has been expanding operations in India to serve more customers.

“Three years ago, we launched the Apple Store online, and then, we launched two stores just a few weeks ago, and they’re off to a great start, one in Mumbai and one in Delhi,” said Cook.