Apple to open more retail stores in India

The company found that its business in the country doubled in Q1 FY2020.

Apple is planning to open more retail stores in India in a bid to expand its market share in the country, the company announced in its Q1 FY 2021 earnings call.

“India is one of those [markets] where our share is quite low. It did improve from the year-ago quarter when our business roughly doubled over that period of time, and so we feel very good about the trajectory,” Apple’s CEO Tim Cook said.

To help expand its market share in India, Apple rolled out an online store in 2020. “Last quarter was the first full quarter of the online store, and that has gotten a great reaction to it and has helped us achieve the results that we got to last quarter,” Cook added.