Now Reading: Apple posts record June quarter revenue in India: Cook
-
01
Apple posts record June quarter revenue in India: Cook
Apple achieved its highest-ever June quarter revenue in India, CEO Tim Cook said. The company also posted June quarter revenue records in the U.S., Latin America, Western Europe, China Mainland, Japan, and…
Apple achieved its highest-ever June quarter revenue in India, CEO Tim Cook said. The company also posted June quarter revenue records in the U.S., Latin America, Western Europe, China Mainland, Japan, and Southeast Asia.
"We achieved June quarter revenue records in every geographic segment," Cook said. Apple's performance in India underscores growing demand for its products in the country, a key market for the tech giant.
Indian Opinion Analysis
India has become a crucial manufacturing and sales hub for Apple as it diversifies beyond China. The company now assembles iPhones locally through partners like Foxconn and Wistron, avoiding import duties and tapping into a young, aspirational consumer base. Apple's retail stores in Mumbai and Delhi, opened last year, also boost brand visibility. The next milestone to watch is the upcoming festive season sales, which often drive premium smartphone purchases in India.
Source: gulfnews.com
This story was synthesised by AI from the source linked above.
