Tim Cook says iPhone expansion plans to include picking up 50 new carriers this quarter

Apple CEO Tim Cook has reportedly said that the company will pick up 50 new carriers globally this quarter, following its plans for iPhone expansion.

While Apple's foray into the Chinese market is a key growth opportunity, the iPhone company is collaborating with China Mobile to drive adoption of its iconic iOS smartphones in the country.

Meanwhile, Cook has claimed that Apple is still investing heavily in its Mac line of PCs, Tech Crunch reported.

Cook said that the company hadn't given up on the Mac, adding that Apple was still spending an enormous amount on really great talent and people on the Macs of the future.