Apple Will Be Present in India for Hundreds of Years, Says Tim Cook
“Journey starts with the first step. We are not here for a year or few years, we are here for a long time, 100s of years. And we are a long term company. The thing that we make the most focus is iPhone. Its a key part,” Cook told.
Tim Cook has met with representatives of India’s telecom firms as they prepare to kick off the nation’s first 4G network. With falling iPhone sales reported for the first time, Apple is seeking growth markets, and India represents a “really great opportunity” for the company.
One of the major drawbacks, however, was the presence of slow networks. That, however, is about to change, and Tim Cook was eager to highlight the importance of the 4G network to unleashing the “richness” of the iPhone.
“4G network is beginning to come in now. I think it’s exactly the right time to be here,” Cook said.
In a recent earnings call with financial analysts, Cook stated that he sees India as where China was “maybe seven to 10 years ago” and stressed that there is a “really great opportunity there.” Last year, more than 100 million smartphones were sold in the country, but Apple’s iPhone accounted only for 2%.
Cook started his visit in India following a trip to China, where he met developers, Didi’s CEO Liu Qing, and government officials.