New Delhi, November 2 (IANS). Apple India has achieved record revenue in the September quarter due to iPhone sales. There was huge demand in India for the company’s new iPhone. Besides, the company’s iPad, MacBook and AirPods were also well liked. Apple CEO Tim Cook recently gave official information about the company’s September quarter figures.
Announcing the company’s quarterly results, Tim Cook said, “As always, we are extremely pleased to see a different enthusiasm for Apple products from Indian customers. This time we have created an all-time revenue record in India. Keeping in mind the growth, the company is working on plans to expand its retail stores. We are eagerly looking forward to opening four new stores for Indian customers.”
The Cupertino-based technology sector leader’s performance was boosted by double-digit revenue growth for iPad in India as well as in regions such as Mexico, Brazil, the Middle East and South Asia. The company reported a more than 6% increase in global sales during the reported period, from $89 billion a year ago, to $95 billion. Apple currently has two flagship stores in India. The company’s retail stores are in Apple Saket New Delhi and Apple BKC Mumbai.
Apart from these two retail stores, the company can setup new retail stores in Bengaluru, Pune, Mumbai and Delhi-NCR. Apple’s strong quarterly results in India come at a time when the Indian smartphone market has registered only 3 percent year-on-year growth during the festive season.
According to the latest research from Counterpoint’s monthly India Smartphone Tracker, “The value of the Indian smartphone market has reached an all-time record with a 12 per cent (on-year) growth in one quarter. According to the report, Samsung is the market leader in value with 23 per cent share. It leads the market in terms of mobile phones, while Apple is in second place with 22 percent share.
–IANS
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