Apple Quest For Growth From Emerging Markets: To Mark Its Online Store Debut In Vietnam

  • Apple Inc AAPL prepares to mark its online store debut in Vietnam next week as it aggressively chases growth in emerging markets.
  • Vietnam's online store launch on May 18 comes just weeks after the iPhone maker introduced its first Apple stores in India - Mumbai and Delhi, Reuters reports
  • Apple first launched an online store in India in 2020.
  • Apple CEO Tim Cook is betting on the emerging markets for growth backed by younger populations and relatively lower penetration of iPhones.
  • Apple already sells products in Vietnam via licensed vendors. It also has multiple suppliers that assemble its gadgets in the country for export.
  • Price Action: AAPL shares traded lower by 0.07% at $173.62 on the last check Friday.
  • Image by Matias Cruz from Pixabay
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