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Tim Cook says Apple is excited about India even as costs and supply bite

Business
Published on 1 May 2026
Tim Cook says Apple is excited about India even as costs and supply bite

Strong iPhone growth, but production gets squeezed hard

Apple CEO Tim Cook says he is very excited about India’s market potential as iPhone, iPad and Mac sales grow. Yet Apple’s market share remains modest, even while the company expands retail. Behind the momentum, supply chain problems and rising component costs are weighing on production, making growth harder than it looks.

  • Tim Cook highlights rising Apple sales in India
  • Market share is growing, but still remains modest
  • Apple is expanding its retail footprint in India
  • Supply chain issues and component costs are pressuring production
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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