Apple Shakes up Management in India as iPhone Sales Slump
It's been a tough quarter for Apple in India. After a long battle with India's regulatory authority, Apple finally agreed to develop a custom anti-spam app to appease the government. They angered Apple retailers for cutting margins on the iPhone X and they just got hit with a new tax on imported iPhones, even though they've been trying to get an agreement with the Indian govermenment to expand manufacturing for iPhones. To end the quarter, Apple has replaced India's head executive Sanjay Kaul with company veteran Michel Coulomb, who was the managing director for South Asia operations.
The Economic Times of India reports that "The changes were announced by Apple's head of emerging markets Hugues Asseman on Monday during Apple India's annual sales conference in Goa, two senior industry executives said. Coulomb with report to Asseman.
Coulomb, a French national, has been with Apple for over 14 years and considered a key executive of CEO Tim Cook. He has earlier led Apple's operations in Middle East, Turkey and Africa before moving into Singapore last year as chief of South Asia, his LinkedIn profile said."
The move comes at a time when the iPhone maker reported its slowest pace of growth in India in over five years for the fiscal year ended March 2017.
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