Here’s why India is Apple’s new China

Apple Q2 results showed India sales grow by 56 per cent in a bleak quarter. Seen here is a billboard ad for iPhone SE in India. (Source: Reuters)
In a quarter where almost nothing worked in favour of Apple, due to what Apple CEO Tim Cook called “macroeconomic headwinds”, India stood out. In the earnings call, Cook highlighted how iPhone sales has grown 56 percent year-over-year in India. And this is when globally there was a 16 per cent fall in the number of iPhones sold.
Tim Bajari