Record Revenues For Apple iPhone & iPad In India, 4 More Stores Soon

Apple has announced plans to open four more flagship stores in India in the coming months. The tech giant reported record-breaking revenue from the Indian market for the September 2024 quarter, fuelled by strong iPhone sales, according to CEO Tim Cook. Addressing Apple’s latest earnings call, Cook shared that iPhone sales grew in every region, setting new records globally. India, however, stood out, with Apple achieving an all-time high in revenue. “We continue to be excited by the enthusiasm we’re seeing in India,” Cook said, revealing the company’s intent to open more stores in the country after already launching one store in Delhi and Mumbai each. Beyond iPhones, Apple also saw strong sales of iPads in India, which reached a record high in the quarter. CFO Luca Maestri highlighted that over half of the customers buying iPads in India this quarter were new to the product. Maestri also pointed to double-digit growth in other emerging markets, including Mexico and the Middle East.