Tim Cook says India is 'a great place to be' as Apple posts its all-time record revenue

Apple CEO Tim Cook’s bet on overseas markets as the company looks for further growth and expansion is starting to show results.

The company posted strong quarterly iPhone sales and revenue Tuesday, reporting substantial growth in regions such as India, the fastest growth smartphone market. 

Cook, who paid his maiden visit to India as CEO of the company last year, said Apple had "all-time record revenue results" in the country without revealing any numbers.  

The company shipped nearly 2.6 million iPhones in India last year, according to marketing research firm Counterpoint, which claimed that iPhones now account for 62 percent of all premium smartphones shipped in the country.  Read more...