Cook said in February that Apple had its best sales quarter ever for iPhones in India in the quarter ending in December.
Most phones sold in India are priced below even the least-expensive new Apple iPhone.
India could end up being a big winner as Apple looks for non-Chinese manufacturing options.
Tim Cook, Apple's Chief Executive Officer (CEO) reacts as a man shows him Apple's Macintosh outside the Apple store at Jio World Drive mall, Mumbai, India on April 18, 2023.
Apple was bullish on India back then, too: "India will be the most populous country in the world in 2022," Cook told CNBC's Jim Cramer at the time, saying it had "huge market potential."