Apple confirmed CEO Tim Cook to open a new retail store in India later this year
Apple confirmed that its stage in India will officially stop at the end of this year, which is expected to reach the new store and join the customers.
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Apple confirmed that its stage in India will officially stop at the end of this year, which is expected to reach the new store and join the customers. Today, it has two physical stores, but four more will be added soon, increasing its footprint and buyers will be given more options to experience and buy a wide range of apple equipment from iPhone to Mac, Apple Watch and iPad.
The announcement was made during Apple’s fiscal Q2 2025 income call, where CEO Tim Cook highlighted the company’s stable growth in global markets including India.
CEO Tim Cook India confirms retail expansion
Cook said, “We have made many quarterly records in countries and regions around the world including India.” “In retail, apart from the two stores we opened during the quarter, we are also eager for a new retail store in UAE, the arrival of the online store in Saudi Arabia and the new retail stores in India later this year.”
The launch was imminent. Although Apple has not shared accurate places, we know that the new Apple stores are in the pipeline for Pune, Delhi NCR, Mumbai and Bengaluru. Earlier this year, the company hired for these shops.
Apple’s retail trip online in India – Apple Store online – started in 2020. The company doubled on “online” with the Apple Store App India version in January 2024. First wave of physical apple stores – where you can touch and feel before purchasing – in April 2023, began with Mumbai (BKC) and Delhi (SAKET). Apple says that shops have received an unprecedented response.
India becomes the major iPhone construction center for the US market
At this time apples and India seem inseparable. It is as if the stars have aligned. Beyond retail, Apple is actively strengthening its manufacturing base and abilities in the country. Cook has earlier emphasized that Apple should be made in India to remain competitive, a requirement that has strengthened only in view of the increasing uncertainty around the tariffs installed by the Trump administration, especially on China.
There have been reports that most of the iPhone’s iPhone construction was trying to take into India, so that the impact could be compensated and the prices could increase significantly. Those reports have now been confirmed to be true.
Cook said, “For the June quarter, we hope that most of the iPhones sold in the US will make India as their original country.”
Asked about any possible impact that the tariff prices can occur – now and in the future – Cook said that the company was able to streamlines everything properly and efficiently in this quarter, in the next quarter, if the current tariff regime remains unchanged then there may be an additional burden of about $ 900 million. Will the Apple absorb cost or pass the buyer.
Regardless, it is necessary that Apple quickly moves forward to diversify its construction, reduces dependence on China that is slapped by a shocking tariff of 145 percent (in response, China has increased the tariff on American imports. Up to 125 percent). Most of the Apple products for sale outside the US will remain in China, Cook has repeated, but iPhones and other equipment for the US will be divided between India and Vietnam, later mostly serving as the original country for iPad, Mac, Apple Watch and AirPods.
By 2025, Apple makes the entire iPhone 16 lineup locally, entry-level iPhone 16E to high-end iPhone 16 Pro and iPhone 16 Pro Max. It is almost certain that the upcoming iPhone 17 series will also be made in India. Apple started construction in India in 2017.
Apple Q2 2025 Results
Apple reported a revenue of $ 95.4 billion in the second quarter ended March 29, 2025, an increase of 5 percent year -on -year, and an income of $ 1.65 per share. Recently launched iPhone 16E, iPad Air and Mac Refresh were told, Apple did not give any specific number of how they are performing. The company saw a double-point increase in services, which refers to the suite of membership-based and digital content offerings, which is beyond the hardware by Apple. These include iCloud, Apple Music, Apple TV Plus, Apple Arcade and more. The established base of Apple’s active equipment also hit “all-time high” in all regions and product lines.