Apple CEO Tim Cook at GNITS during his India visit. A first Apple retail store in India is unlikely to open its doors until next year at the earliest. His visit came just days after Apple announced a $1 billion investment in a local ride-hailing app firm, a move Cook says will help Apple better understand China. In China, where iPhone sales slumped in January-March and some online entertainment services were suspended, Cook also had little to cheer investors. In internal meetings, Cook stressed how Apple wants to increase its retail operations in India and work with re-sellers to make its products available more widely.

Source: Indian Express May 25, 2016 03:52 UTC