MENA Newswire News Desk: Apple Inc. has reported record revenue in India for yet another quarter, underscoring the growing demand for its high-end products in the country. During a recent earnings call, CEO Tim Cook highlighted India’s standout performance, noting that the company achieved a new September quarter revenue record in the iPhone category and an all-time high for its services segment, which rose by 12% year-over-year.
This growth aligns with Apple’s broader international success, as it marked record revenue across regions including the Americas, Europe, and Asia Pacific, as well as in key markets such as the United States, Brazil, the UK, Saudi Arabia, and the UAE. Apple’s growth in India has been particularly rapid, with new sales records set nearly every quarter. Cook attributed this momentum to Apple’s strategy of manufacturing iPhones locally and the recent establishment of Apple retail stores within the country.
By producing in India, Apple aims to increase its market competitiveness, especially amid shifting global dynamics and trade tensions between the U.S. and China. Cook, who has previously described Apple’s focus on Indian manufacturing as “pragmatic,” emphasized the importance of local production for competitiveness in an expanding market.
In line with this growth strategy, Apple opened two new stores in India during the recent quarter, with plans to launch an additional four stores to meet increasing customer demand. These expansions are part of Apple’s broader effort to enhance its retail footprint, making its products more accessible in one of the world’s fastest-growing premium markets.
Apple’s Chief Financial Officer Luca Maestri also reported strong performance for the company’s iPad segment, which generated $7 billion in revenue, reflecting an 8% increase year-over-year. This growth was not limited to developed markets, as Apple achieved double-digit revenue increases in emerging regions, including India, Mexico, Brazil, and South Asia.
Analysts attribute much of this success in India to the country’s rapidly expanding premium smartphone market, which has reportedly doubled over the past two years, with Apple capturing a significant share. The company’s strategic investments in India appear to be paying off, with market analysts observing Apple’s rising influence as the country’s premium segment expands.
By deepening its manufacturing and retail capabilities, Apple is positioning itself to capitalize on the increasing purchasing power within India’s middle class, where demand for high-end technology products continues to surge. With these developments, Apple’s India strategy is set to be a cornerstone of its international growth, aligning with the company’s focus on new markets as it navigates global economic challenges and competitive pressures in the tech industry.