Tim Cook Steps Down as Apple Reaches $10B India Sales

31 Aug 2026, 7:08 pm · 12d ago · 1 min read · YourStory

Apple CEO Tim Cook is stepping down on August 31 after 15 years, leaving behind a significantly expanded footprint in India. Apple's annual sales in India crossed $10 billion for the first time in the year ended March 2026, according to Bloomberg data. Additionally, India assembled roughly 55 million iPhones in 2025, accounting for approximately 25% of Apple's global production. Cook's decade-long strategy positioned India as both a high-growth consumer retail market and a strategic manufacturing hub to reduce manufacturing reliance on China.