Tim Cook confirms to launch India's first Apple Store 

Tim Cook confirms to launch India's first Apple Store

Tim Cook, the CEO of technology giant Apple Inc., has given the green signal for the first ‘Apple Store’ in India. The spearhead confirmed the launch news during the release of Apple’s financial report for the fiscal 2023 first quarter that ended on December 31, 2022.

According to reports, Apple witnessed an impressive surge in its revenue in the first quarter in India. Speaking about this, Tim confirmed that the company would soon launch an ‘Apple Store’ in India to facilitate Apple products' retail sales. The store will help Apple strengthen its business in the country. Cook said that he is ‘bullish’ on India. The spearhead revealed that the team has succeeded in setting a quarterly revenue record in India, with revenue figures growing double digits in succession over the years. He stated that he is elated about the wide-scale success of Apple’s business in India. India has been a progressive market space for Apple Inc. with a diverse customer base that thrives on premium products including smartphones, tablets, and earphones.

 

Tim Cook shared that the iPhone has been performing well in the Indian smartphone market. He added that the Apple Online Store had been a major catalyst in achieving this success streak in India. Other premium products, such as iPad and Macbook, have also earned a fair share of success in the Indian industry, said Cook.  

 

Q1.  Where is the headquarters of Apple Inc.?

Ans. The headquarters of Apple Inc. is in Cupertino, California, USA.

Q2. Who were the founders of Apple Inc.?

Ans. The founders of Apple were Steve Wozniak, Steve Jobs, and Ronald Wayne.

Who is TIM COOK?

Timothy Donald Cook (born November 1, 1960) is an American business executive who has been the chief executive officer of Apple Inc. since 2011. Cook previously served as the company's chief operating officer under its co-founder Steve Jobs.

Cook joined Apple in March 1998 as a senior vice president for worldwide operations, and then served as the executive vice president for worldwide sales and operations.[3] He was made the chief executive on August 24, 2011, prior to Jobs' death in October of that year.[4] During his tenure as the chief executive, he has advocated for the political reformation of international and domestic surveillance, cybersecurity, American manufacturing, and environmental preservation. Since 2011 when he took over Apple, to 2020, Cook doubled the company's revenue and profit, and the company's market value increased from $348 billion to $1.9 trillion

Apple Already Hiring For Retail Store In India

Apple has already been hiring for its retail arm in India for the last several months. There were job listings for Apple Retail for "several locations," which indicates that there will be more than one Apple Store coming to India. In fact, it was expected that the first Apple Store would have come earlier, but the COVID-19 pandemic put a spanner in the works.

CEO Tim Cook also reportedly said that Apple has seen a big impact from the Apple Online Store in India. Apple's Online Store in India launched in 2020 and provides certain benefits to customers who purchase directly from the platform.

It is expected that the first Apple Store will further give Apple more opportunities and scope to expand and grow its market share in India.

 

Does India have an official Apple store?

Upping its game in India, Apple is expected to launch two retail stores in the country, in Mumbai and then New Delhi, around April this year, it is learnt. 

एप्पल का पहला स्टोर किसने खोला था?

Apple Inc. पहला Apple स्टोर मूल रूप से मई 2001 में तत्कालीन सीईओ स्टीव जॉब्स द्वारा दो स्थानों के रूप में खोला गया था, वर्षों के प्रयास के बाद लेकिन स्टोर-इन-ए-स्टोर अवधारणाओं में विफल रहा।

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