Overview

• Tim Cook confirmed on the August earnings call that Apple will open new stores in Bengaluru, Delhi NCR, Mumbai, Pune and Al Ain later this year.
• India’s new outlets will be Apple’s first in Bengaluru and Pune, adding to the Mumbai and New Delhi stores launched in 2023.
• The upcoming Al Ain store will join four existing UAE locations in Dubai and Abu Dhabi to bolster the company’s Middle East retail network.
• At least seven additional global stores across the U.S., U.K., the Netherlands and China are slated to open, close or relocate in August as part of network optimization.
• These openings support Apple’s effort to reduce reliance on China by pairing retail growth with local manufacturing investments in India under the production-linked incentive scheme.