Delhi- The demand for Apple is continuously increasing in India. The number of iPhone users is increasing rapidly. In this series, Chief Executive Officer (CEO) Tim Cook announced during the company’s fourth-quarter earnings call on Friday that Apple achieved record revenue in India in the September quarter, driven by high demand for its latest iPhone and iPad models. possible thanks to strong sales.
The Cupertino-based technology company’s performance was boosted by double-digit revenue growth for its iPad in India, as well as in regions such as Mexico, Brazil, the Middle East and South Asia. Cook said: “The enthusiasm we are seeing in India. We are excited to have set an all-time revenue record.
Keeping in mind the growth in India, the company plans to expand its retail business across the country. “We hope to open four new stores for our customers in India,” Cook said.
Let us tell you that Apple currently operates two major stores in India, Apple Saket in New Delhi and Apple BKC in Mumbai. Four new outlets are expected to open in Bengaluru, Pune, Mumbai and Delhi-NCR.
Apple’s strong quarterly results in India come at a time when the overall Indian smartphone market has recorded just 3 percent year-on-year growth during the festive season. Analysts attributed this to limited spending in the sub-Rs 25,000 mass market segment.
According to a report, the trend of consumers choosing premium devices led to a 12 per cent year-on-year growth in the value of the country’s smartphone market in the September quarter.
Apple played a major role in this value-driven growth, with a 22 percent share, slightly less than Samsung’s lead of 23 percent. According to analysts, Apple has expanded very well in smaller cities in India, leading to significant price increases with a greater focus on the new iPhone.
“Strong iPhone 15 and iPhone 16 shipments ahead of the holiday season further boosted Apple’s performance. As consumers invest in premium smartphones, Apple has strengthened its position as the top choice for premium buyers in India.
