Apple announces app incubator in India


Tim Cook appears to be on a goodwill tour. After visiting China where Apple invested $1 billion in a ride sharing service, Cook visited India where Apple announced an app incubator. Called an iOS app design and development accelerator, the goal is to support India's iOS developer community.

Recently, India's government ruled to prohibit Apple from reselling refurbished products. The protectionist policy blocks Apple from competing in India by using less expensive refurbished products. Similarly, governmental relations with China could be better. Apple likely hopes to open access to both large consumer markets to boost its global sales.