Apple's India Sales Said To Jump To Almost $6B In Past Year - Bloomberg

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CEO Tim Cook 'excited' as Apple (AAPL) opens its first store in India

April 18, 2023 9:00 AM EDT

Apple (NASDAQ: AAPL) opened their first store in India on Tuesday, highlighting the importance of the market to the companys future.

Apple CEO Tim Cook has long viewed India as a key market to Apples future and in February he said he was bullish on the worlds fifth-largest economy and the company is putting a significant amount of energy into the market.

The first store, named Apple BKC, is located in Mumbais Bandra Kurla... More

Evercore ISI on Apple (AAPL): 'Net/Net Apple should have more leverage over Google in future negotiations'

April 17, 2023 3:57 PM EDT

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $190.00 price target on Apple (NASDAQ: AAPL)

The analyst comments "ALL YOU NEED TO KNOW: The NYT reported over the weekend that Samsung is considering replacing Google with Bing as the default search engine on their phones. The report is somewhat surprising given Samsung phones run on the Android operating system created by Google, but we think this event should... More

Apple's (AAPL) move in India could be a 'strategic poker move,' claims Wedbush analyst

April 17, 2023 8:22 AM EDT

Apple (NASDAQ: AAPL) could ramp annual revenue to $20 billion by 2025 in India, according to Wedbush analyst Daniel Ives who has an Outperform rating and $205 price target on the stock.

"This week marks a significant strategic move for Cupertino as Cook will cut the red ribbon on the first India retail stores this week in Mumbai and New Delhi," Ives explained.

He... More