Apple CEO Tim Cook has wished peace and happiness to everyone this Diwali. This is the first time that the CEO of world's most-valuable company has greeted on an Indian festival. "Wishing everyone peace and happiness this #Diwali! Stunning photos by @prashvish," tweeted the Apple CEO.
Cook also shared New-Delhi based photographer Prashanth Viswanathan's photos with his tweet. Prashanth is a freelance photographer, working on news, documentary and assignment stories, as per his profile on Twitter. Last month, Cook had thanked fans in India who lined up to buy the company's latest iPhone 7 and iPhone 7 Plus, across the country on their launch day.
"Shukriya India and everyone who turned out for Friday's launch of iPhone 7 and Apple Watch Series 2!" tweeted CEO Cook.
The technology giant launched its new smartphones in India on October 7 at 7pm, ending almost a month-long wait of Apple enthusiasts in the country. With the Chinese market softening, India has become increasingly important for the technology giant. At its recent earnings call, Apple CEO said that iPhone sales in India surged more than 50% in the year ended September, among the few bright spots for the smartphone maker that reported its first annual sales and profit decline in 15 years. "Our iPhone sales in India were up over 50% in fiscal 2016 compared to the prior year and we believe we're just beginning to scratch the surface of this large and growing market opportunity," Cook said during the call. Cook added that India could be as big a market as China and is crucial for the smartphone maker.
Apple's revenue from Greater China fell 30% year on year and declined 7% in the Americas (among its biggest markets) in the just-ended quarter.
The company shipped a record 2.5 million iPhones in India between October 2015 to September 2016, up 56% over the previous year, according to an estimate by Hong Kong-based Counterpoint Technology Market Research. According to a report in Economic Times, the CEO of a leading Indian retail chain said that the sales of the company's newly-launched iPhone 7 and iPhone 7 Plus have been very good so far. Following the Galaxy Note 7 debacle for Samsung, Apple is expected to become the country's top smartphone maker in the premium segment ? devices costing upwards of Rs 30,000 ? in the quarter ending December.
Apple is expected to command 60% of the market by volume during the quarter, as per ET estimates. Its share in the overall smartphone market may rebound to 3% by the year end from 1.4% in the September quarter.
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