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Apple CEO praises Indian PM, iPhone SE launches in the country

Published 06/26/2017, 01:25 PM
© Reuters.  Apple CEO praises Indian PM, iPhone SE launches in the country
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  • Apple (NASDAQ:AAPL) CEO Tim Cook praises Indian PM Narendra Modi after a roundtable meeting, tweeting: “We’re inspired by your vision for India and excited about what we can achieve together.”
  • Apple has now completed a soft launch of Indian-manufactured iPhone SE devices in the country with hopes that the manufacturing partnership will eventually allow for cheaper phones in the region.
  • Lower priced devices are crucial to capturing the Indian market where 75% of purchased phones cost less than $250. Apple currently has about a 3% market share, according to AppleInsider.
  • Now read: Apple: Worry About The Downside, The Upside Will Take Care Of Itself


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