Tim Cook on Demonetization

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Last quote by Tim Cook on Demonetization

We are in discussions on a number of things, including retail stores, and fully intend to invest significantly in the country and believe it's a great place to be. Despite the demonetisation move in India that created lots of economic pressure there last quarter, despite that, we had all-time record revenue results, and so we were very happy about that. The demonetisation impact has not worked its way through yet. It's still definitely having some overhang. But I think in the longer term, it's a great move, and I feel really good about how we're doing there.feedback
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Feb 01 2017
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