India presents 'huge opportunity' for Apple: CEO Tim Cook
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Apple CEO Tim Cook sees India as a "huge opportunity" for growth. With sales rising to $6 billion in FY23 from $4 billion in FY22, Apple is capitalizing on India's premiumization trend. Currently, the company dominates the ultra-premium smartphone market with a 59% share, per Counterpoint Research. Cook also mentioned Apple's retail expansion in India, including stores in Mumbai and Delhi, is exceeding expectations.