Apple CEO Tim Cook expressed his enthusiasm for the company's performance in India during the earnings call for the second quarter of fiscal year 2026, which ended on March 28. He noted that India is the second-largest smartphone market and the third-largest PC market in the world. Despite Apple's strong growth, with a 17% increase in revenue to USD 111.2 billion and a 22% rise in iPhone revenue to USD 57 billion, Cook acknowledged that the company still has a modest market share, highlighting significant opportunities for future expansion. He pointed out the growing middle class in India and mentioned that many customers are new to Apple products, which bodes well for the company's growth in the region. Cook, who has been with Apple for many years, will step down as CEO on September 1, 2026, succeeded by John Ternus.