Apple doubled business in India in fiscal 2021
The Hindu
CEO Tm Cook added that the company also achieved more than 20% growth across all of its product categories and in every geographic segment
Technology major Apple doubled its business in India during the fiscal 2021, its chief executive officer Tim Cook has said.
“During fiscal 2021, we earned nearly one-third of our revenue from emerging markets and doubled our business in India and Vietnam. We are optimistic about the future, especially as we see strong demand for our new products,” Mr Cook said during the company's fourth quarter earnings conference call on October 28.
He added that the company also achieved more than 20% growth across all of its product categories and in every geographic segment. “This fiscal year, we reported $366 billion of revenue, which represents 33% annual growth,” he said.
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