Apple's Cook to visit India this week, to meet Modi: Sources

Cook's visit comes at a crucial time as Apple seeks new growth markets after posting its first-ever decline in sales


Reuters May 16, 2016
Apple CEO Tim Cook speaks about the Apple TV during an event at Apple headquarters in Cupertino, California March 21, 2016. PHOTO: REUTERS

Apple Inc Chief Executive Tim Cook will visit India this week and meet Prime Minister Narendra Modi, two sources familiar with the matter said on Monday.

His visit comes at a crucial time as Apple seeks new growth markets such as India after posting its first-ever decline in iPhone sales.

With China weakening, Apple turns to India

Cook, who is visiting China after announcing a $1 billion investment in Chinese ride-hailing app Didi Chuxing, will fly to India on Tuesday in his first official visit to the country as the head of the US technology company, one of the sources said.

The sources declined to be named as the plan is not public yet.

Apple declined to provide details of Cook's schedule in India.

Modi heads to Silicon Valley chasing a digital dream

Apple is looking to set up its first retail outlet in India, where it only has about a 2 per cent market share. But its sales there surged 56 per cent in the first three months of this year, driven mainly by cheaper older-generation devices such as the iPhone 5S.

COMMENTS (11)

Atheist | 7 years ago | Reply @Eshant: there are already three development centers in Israel outside of US.After that India is the third country.
Dipak | 7 years ago | Reply Dipak@TYT: 20% in Pakistan only. Worldwide less than 1%.
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