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iPhone and Mac power Apple India’s September-quarter record revenue


iPhone and Mac power Apple India's September-quarter record revenue

NEW DELHI: Apple posted its highest-ever quarterly revenue in India in the Sept quarter, with Mac and services revenue also setting records. The company recorded its highest number of iPhone upgraders in India during the quarter. India’s all-time high revenue stood out in a quarter when Apple set Sept-quarter records across the Americas, Europe, Greater China and the rest of Asia-Pacific. The company did not disclose its India revenue or give a breakdown by product category.Globally, iPhone revenue rose 17% from a year earlier to $57.6 billion despite supply constraints and currency headwinds. CEO John Ternus said Apple set a Sept-quarter record for iPhone upgrades worldwide.

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India was also among the markets where Apple recorded its highest number of iPhone upgrades for a full fiscal year, alongside the US, China and Japan.The Mac business grew faster than the iPhone globally, with revenue rising 24% to $10.8 billion. CFO Kevan Parekh attributed the increase to demand for the MacBook Neo and MacBook Pro. India and Southeast Asia posted all-time Mac revenue highs, though Apple did not say how much either model contributed to sales in India.Services revenue rose 10% globally to a record $31.6 billion. India was among the markets where the business reached a new high.“India is moving from an iPhone growth market to a full ecosystem market for Apple, and we expect that shift to accelerate in 2027 and beyond as the installed base expands,” said Tarun Pathak, research director, Counterpoint Research.The simultaneous records give an indication of how Apple’s India business is broadening. The iPhone continues to bring existing customers back for upgrades, while the Mac and services businesses are generating more revenue in the country than ever before.



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