{"id":208483,"date":"2020-02-27T00:05:34","date_gmt":"2020-02-26T21:05:34","guid":{"rendered":"http:\/\/ww-vb.mine.nu\/w108\/apple-ceo-tim-cook-confirms-first-india-apple-store-will\/"},"modified":"2020-02-27T00:05:34","modified_gmt":"2020-02-26T21:05:34","slug":"apple-ceo-tim-cook-confirms-first-india-apple-store-will","status":"publish","type":"post","link":"https:\/\/hameed.nwar.uk\/sa\/apple-ceo-tim-cook-confirms-first-india-apple-store-will\/","title":{"rendered":"Apple CEO Tim Cook confirms first India Apple Store will"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n\t\t<!-- font size selector, BEGIN --><br \/>\n\t\t<span class=\"cfix\">\u00a0<\/span><\/p>\n<p class=\"gray small byline\">\n\t\t\tBy Malcolm Owen\t\t\t<br \/><span class=\"gray\">Wednesday, February 26, 2020, 11:02 am PT (02:02 pm ET)<\/span>\n\t\t<\/p>\n<p>\t\t<span><span class=\"article-leader\">Apple will be opening its first retail outlet in India in 2021, CEO Tim Cook has advised to shareholders, marking the iPhone maker&#8217;s initial self-owned outlet in an important potential market. <br \/><\/span><\/p>\n<div align=\"center\">\n<div class=\"article-img\"><img decoding=\"async\" alt=\"\" height=\"368\" class=\"lazy\" src=\"https:\/\/photos5.appleinsider.com\/gallery\/34687-62824-cook-in-india-l.jpg\" \/><noscript><img decoding=\"async\" src=\"https:\/\/photos5.appleinsider.com\/gallery\/34687-62824-cook-in-india-l.jpg\" \/><\/noscript><\/div>\n<p><span class=\"minor2 small gray\"><\/span><\/div>\n<p>Speaking to investors at the annual shareholder meeting at Apple Park on Wednesday, Cook answered a question from a shareholder about its India retail strategy. In response, Cook confirmed it will be opening its first physical retail outlet in the country in 2021. <\/p>\n<p>Cook offered a further reason for opening up its own outlet, suggesting &#8220;I don&#8217;t want somebody else to run the brand for us.&#8221; <\/p>\n<p>So far, Apple has had to rely on a network of third-party resellers to sell its iPhones in the country, without any first-party representation. Government restrictions over stores owned by non-Indian firms have caused problems with Apple&#8217;s creation of an outlet, forcing the retail partnerships. <\/p>\n<p>&#8220;We wouldn&#8217;t be a very good partner in retail,&#8221; Cook said in response to a question about India. &#8220;We like to do things our way.&#8221;<\/p>\n<p>The Indian government has been loosening its local-sourcing requirements, which are a prerequisite for international firms like Apple to do business directly in the country. One major rule change in Apple&#8217;s favor is allowing exports to count towards the 30% local sourcing rule, which covers any iPhones or other products locally-produced by Foxconn or Wistron in the country and exported to other territories. <\/p>\n<p>In October, it was reported Apple had leased a location between 20,000 and 25,000 square feet in Mumbai&#8217;s Maker Maxity mall, spread over three floors. One floor is rumored to be an experience center, a second would be dedicated to retailing, and a third for the service center. <\/p>\n<p>Apple is also anticipated to start online sales in India in late 2020. <\/p>\n<p><\/span><\/p><\/div>\n<p><script>\n\t\t\t!function(f,b,e,v,n,t,s)\n\t\t\t{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n\t\t\tn.callMethod.apply(n,arguments):n.queue.push(arguments)};\n\t\t\tif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n\t\t\tn.queue=[];t=b.createElement(e);t.async=!0;\n\t\t\tt.src=v;s=b.getElementsByTagName(e)[0];\n\t\t\ts.parentNode.insertBefore(t,s)}(window,document,'script',\n\t\t\t'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n\t\t\tfbq('init', '303691330110002');\n\t\t\tfbq('track', 'PageView');\n\t\t\t<\/script><script>(function(d, s, id) {\n\t\t\t\t\t\t  var js, fjs = d.getElementsByTagName(s)[0];\n\t\t\t\t\t\t  if (d.getElementById(id)) return;\n\t\t\t\t\t\t  js = d.createElement(s); js.id = id;\n\t\t\t\t\t\t  js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js#xfbml=1\";\n\t\t\t\t\t\t  fjs.parentNode.insertBefore(js, fjs);\n\t\t\t\t\t\t}(document, 'script', 'facebook-jssdk'));<\/script><script async type=\"text\/javascript\" src=\"https:\/\/connect.facebook.net\/en_US\/all.js#xfbml=1\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/appleinsider.com\/articles\/20\/02\/26\/apple-ceo-tim-cook-confirms-first-apple-store-will-open-in-india-in-2021\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] \u00a0 By Malcolm Owen Wednesday, February 26, 2020, 11:02 am PT (02:02 pm ET) Apple will be opening its first retail outlet in India in 2021, CEO Tim Cook has advised to shareholders, marking the iPhone maker&#8217;s initial self-owned outlet in an important potential market. Speaking to investors at the annual shareholder meeting at &hellip;<\/p>\n","protected":false},"author":1,"featured_media":208486,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[51432,62739,25808,92406,92407,81543,76690,20889,92403,81180,92412,59040,59743,65365,63233,49631,49620,59067,80145,92410,92401,92402,64374,48618,92411,92413,92404,92405,65408,64686,92409,92408,59060,63827,59024,92414,92415,22045],"class_list":["post-208483","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tie-world","tag-adobe","tag-app-store","tag-apple","tag-apple-computer","tag-apple-computer-inc","tag-apple-inc","tag-apple-tv","tag-google","tag-i-mac","tag-ibook","tag-ibook-store","tag-imac","tag-intel","tag-ios-9","tag-ios9","tag-ipad","tag-iphone","tag-iphone-6","tag-iphone-6s","tag-ipod-classic","tag-ipod-nano","tag-ipod-shuffle","tag-ipod-touch","tag-itunes","tag-itunes-store","tag-mac-book","tag-mac-os-x","tag-mac-osx","tag-mac-pro","tag-macbook-pro","tag-magic-mouse","tag-magic-pad","tag-microsoft","tag-nokia","tag-nvidia","tag-research-in-motion","tag-rim","tag-samsung"],"_links":{"self":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/posts\/208483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/comments?post=208483"}],"version-history":[{"count":0,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/posts\/208483\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/media\/208486"}],"wp:attachment":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/media?parent=208483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/categories?post=208483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/tags?post=208483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}