Apple Takes On the Home Teams in India
The iPhone maker sees a windfall if it can navigate home cooking.
This article is for subscribers only.
Apple CEO Tim Cook is on a goodwill tour through India, a country he looks at and sees dollar signs.
And no wonder, given the enormous promise in India for a smartphone industry with disappearing growth. Research firm IDC has predicted India will leapfrog the U.S. next year as the second-biggest smartphone market in the world behind China. Cook said last month that the country is where China was seven to 10 years ago -- on the cusp of hypergrowth as India's mobile-phone obsessed consumers start to buy Internet-connected smartphones in droves.