Apple to strengthen its ties with Reliance: Tim Cook
Mobile giants Apple has been seeing a decline in sales at most part of the Asian continent. However, India is continuing to show growth in iPhone sales, as it grew by more than 50 percent in the country. “We believe we’re just beginning to scratch the surface of this large and growing market opportunity,” Tim Cook said.
“The recent improvements in infrastructure and penetration of 4G LTE networks in India could further boost iPhone sales. We have partnered with Reliance Jio, a new ‘4G only’ telecom network by India’s largest industrial house. Owners of iPhone 7 and iPhone 7 Plus who opt for Reliance Jio network get a year of data services at no charge.”
“Looking ahead, we’re seeing some very exciting developments in India. Reliance Jio is rolling out a first of its kind all-IP network in India with 4G coverage in 18,000 cities and 200,000 villages across the country. They’re offering a free year of service to purchasers of new iPhones and we’re partnering with them to ensure great iPhone performance on their network.”
“We still believe we’re just kind of scratching the surface there,” he said. Apple includes India in its Asia Pacific region, which reported $2.7 billion in sales, roughly even with a year earlier.