APPLE CEO TIM COOK SAYS HE IS VERY ‘BULLISH’ ABOUT INDIA
NEWYORK: Apple chief executive officer Tim Cook has said he is very “bullish” and “optimistic” about India, a market where the company is bringing all of its “energies” to expand footprint. “We are investing in India... we’ve already launched an app accelerator centre. That’s on top of working with the channel and looking at expanding our go-tomarket in general,” Cook said during the company’s third-quarter earnings call on Tuesday. The company on Tuesday reported a 12% rise in net profit to $8.7 billion, and 7% increase in revenue to $45.4 billion. It sold 41 million iPhones in the fiscal third quarter to July 1. In response to a question on the company’s thoughts about India, Cook said Apple has begun to produce the iPhone SE in India during the quarter and “we’re really happy with how that’s going”. “And so we’re bringing all of our energies to bear there... and so I’m very, very bullish and very, very optimistic about India.”