Tim Cook, the CEO of Apple Inc., expressed his enthusiasm for the company's performance in India, describing himself as 'over the moon excited' during a recent conference call with analysts. Apple reported double-digit growth in India, contributing to its overall sales of approximately $57 billion in the second quarter. The company has established six retail stores in India and has seen significant growth in iPhone and iPad sales. Notably, iPhone exports from India reached ₹2 trillion (roughly $24 billion USD) for the fiscal year 2026, marking a substantial increase from ₹9,351 crore four years ago. This positions the iPhone as India's largest branded export across various categories. Cook emphasized the potential in India's affluent middle class, stating that despite Apple's success, the company still holds a modest market share. He highlighted the opportunity to cater to the growing demand for smartphones, especially as many of India's 220 million feature phone users seek affordable upgrades. However, challenges persist due to rising prices of entry-level smartphones caused by a shortage of memory chips.