Apple bounces back, iPhone shipments grow in India 19%, fall 11% globally

India returned in Apple's basket with strong double-digit growth in the company's third quarter ending June 29, leading to a significant statement from CEO Tim Cook that the growth in the country has

In an earnings call with analysts late Tuesday, Cook said that tactically, the emerging markets had a bit of a rebound in the third quarter that saw Apple Services vertical grow further.
 

"In fact, on a constant currency basis, we actually grew slightly in emerging markets. We still declined on a reported basis. India bounced back. During the quarter, we returned to growth there. We are very happy with that. We grew in Brazil as well," said the Apple CEO.
 

The return of Apple in India comes at a time when the company is reportedly set to manufacture top-end iPhone