GeneralTop StoryTop StoryLatest News
Apple Reports Record Revenue in India, iPhone Upgrades Reach All-Time High
Sentiment: PositiveHigh Priority
What Happened?
Apple has achieved record revenue in India for Q4 FY2026, driven by high demand for iPhones and Macs. The company noted an all-time high in iPhone upgrades during this period.
Key points
- Apple reported its highest-ever revenue in India during the September quarter of FY2026.
- The company noted a record number of iPhone upgraders in India.
- Apple's Mac revenue reached $10.8 billion globally, marking a 24% increase from last year.
- John Ternus, Apple's CEO, highlighted growth across most markets, including India.
- The iPhone active installed base reached an all-time high globally.
Key insights
- The growth in iPhone upgrades may indicate increasing consumer loyalty in India.
- Strong Mac sales could enhance Apple's market position in the competitive tech landscape.
- The record performance in India may lead to increased investment and focus on the Indian market.
Why it matters
This record revenue highlights India's growing importance in Apple's global strategy.
Entities
Apple· CompanyIndia· CountryJohn Ternus· PersonKevan Parekh· Person
Source
Times Now
