Apple Hits Record Revenue Milestones in India and Beyond
Apple achieved record revenue in India during the September quarter, extending its growth in the world’s second-largest smartphone market through enhanced retail presence and local manufacturing. The company posted an overall revenue of $102.5 billion, with the new iPhone 17 line heavily contributing to the forecasted strong December quarter.
- Country:
- India
Apple, the tech giant known for its innovative products, has set an all-time revenue record in India during the September quarter. With a deepened retail footprint and local manufacturing, Apple continues to thrive in the world's second-largest smartphone market.
Overall, Apple reported a quarterly revenue of $102.5 billion, marking an eight percent increase year-on-year. The release of the new iPhone 17 lineup has resonated globally, and the company anticipates an unprecedented December quarter.
CEO Tim Cook highlighted record revenue achievements in various international markets, including the US, Canada, Japan, and South Asia. Apple's ongoing expansion in emerging markets and the launch of its enhanced product lineup positions it well as it approaches the holiday season.
(With inputs from agencies.)
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