Apple CEO Tim Cook is certainly the star of this week. He has been constantly striking the headlines whether it’s for Apple’s great technical performance in Android vs iOS war, a massive drop in iOS sales, or his visit to China.
Tim Cook is known as world’s most powerful leader. He sure knows how to keep the reigns in his hand. Will he be able to drag Apple away from the downfall? Only time will tell.
In case you’ve missed this week’s happenings, have a look at our top reads on Tim Cook.
Tim Cook will visit India during a crucial time after posting a massive drop in iPhone sales. Apple CEO will meet Indian Prime Minister Narendra Modi. The heavy conflict in China that has led to the downfall in iPhone sales has pushed Apple to seek fresh growth markets, especially India. This visit to India will be Tim Cook’s first official visit as the head of the US tech company. The news that Tim Cook will visit India is confirmed, but his schedule for the visit this week has not been named as public yet. The company has declined to offer any details regarding his visit, but all we know is it can prove to be a game-changer for falling iPhone economy. Cook is planning to set up Apple’s first retail outlet in the Indian market.
Apple CEO Tim Cook is in China to meet the Chinese president and business personalities. The visit to China for Apple executive arrives following the downfall of Apple in the Chinese market. The visit also includes the discussion surrounding the issues such as the closure of online Apple Stores in China. The Apple CEO has announced $1B investment in Didi Chuxing, formerly known as Didi Kuaidi.
The massive Android growth in EU, as reported by the Kantar Worldpanel ComTech has left shareholders and investors of Apple in a huge state of shock. On the contrary, the joy of Google’s Android division knows no bounds. The report holds data, which ends in March 2016. It shows the mind-blowing Android market share growth, which continues to expand across the Urban China, the US, and EU5. The Android growth in EU that results from Italy, Spain, Great Britain, and Germany, show solid rise i.e. up from 7.1 percent to 75.6 percent points. In the US, the growth results in an increase from 7.3 percent to 65.5 percent points. Similarly, in Urban China, which is known to be the second highest revenue generator for iPhone globally, saw an increase in Android sales from almost 6 percent to more than 77 percent points. Amid this growth, the fiercest rival of Android i.e. iOS continues to decline. In the EU5, the share of iOS has declined right from 20.2 percent to 18.9 percent in the 3 months, which ends in March 2016. Talk about the biggest setback for Apple. Even in Apple’s domestic market i.e. the United States, Android has emerged as the dominant with 65.5 percent share after eating Apple’s shares and making the iOS giant a runner-up with only 31.6 percent market share.