Apple CEO Tim Cook Celebrates 'Terrific' Fiscal Quarter with India as Key Highlight
In a significant announcement from Bengaluru, Apple CEO Tim Cook revealed that the iPhone maker delivered an exceptional first quarter for the 2026 fiscal year, with India playing a pivotal role in this success story. Cook described the performance as "terrific", emphasizing the country's growing importance in Apple's global strategy.
Record-Breaking Revenue Achievements Across Product Lines
During the quarterly review, Cook highlighted that Apple set a new quarterly revenue record in December, marking a milestone for the company. He elaborated further, stating:
- iPhone achieved quarterly revenue records
- Mac computers posted impressive quarterly revenue figures
- iPad tablets also reached new quarterly revenue heights
- Services segment established an all-time revenue record
This comprehensive performance across multiple product categories underscores Apple's robust market position and innovative product appeal.
India's Strategic Importance in Apple's Global Expansion
Cook specifically pointed to India's remarkable performance, noting that the country represents a "huge opportunity" for the technology giant. He expressed particular enthusiasm about the Indian market, stating: "We really like what we see there."
The Apple CEO provided context for this optimism by highlighting India's market positioning:
- World's second-largest smartphone market
- Global fourth-largest PC market
Despite what Cook described as a "very nice growth history" in India, he acknowledged that Apple maintains only a "modest share" in the market. This current position, according to Cook, presents substantial growth potential for the company's future expansion efforts.
Robust Growth Metrics and Future Prospects
Apple reported double-digit revenue growth in India during the quarter, demonstrating strong financial performance in the region. Additionally, the company's installed user base in the country expanded at a double-digit rate, indicating increasing market penetration and consumer adoption.
Cook's comments reflect Apple's strategic focus on emerging markets, with India positioned as a cornerstone of this approach. The CEO's excitement about India's potential suggests continued investment and attention to the region in coming quarters.
The positive quarterly results and specific emphasis on India's performance signal Apple's confidence in maintaining momentum in one of the world's most dynamic technology markets.
