Apple's Market Share In India Remains Pitiful

newsfeedback@fool.com (Evan Niu, CFA), The Motley Fool
Wed, 07/25/2018 - 8:00am

Apple (NASDAQ: AAPL) has been eyeing the Indian smartphone market for years -- and investing accordingly. The Mac maker overhauled its operations in the world's second most populous nation a few years back, in part to better accommodate the complex local regulations regarding retail distribution. "We are investing in India," CEO Tim Cook said last August, before adding, "I see a lot of similarities [to] where China was several years ago."Those efforts haven't paid off -- yet.Image source: Apple.Continue reading

Topics: apple nasdaq aapl indian mac india ceo tim cook august china market years investing

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Apple's Market Share In India Remains Pitiful

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