On Friday, Tim Cook, the CEO of Apple, announced that the business had achieved double-digit growth in India and had set a new quarterly revenue record.
Cook stated that the Indian market is receiving the majority of attention. He expressed his satisfaction with the growth statistics and stated that Apple is focusing on all aspects of the ecosystem, from developers to markets and operations.
In over a dozen countries and territories, the Cupertino-based iPhone manufacturer announced record revenues. These comprise the highest-ever revenue for the March quarter in Canada, Spain, Turkey, Latin America, and the Middle East, as well as India.
Regarding Apple‘s performance in India, Cook stated that the business is still working on a number of projects, operational tasks, and market entry preparations. “We opened some stores last year, and we see enormous potential there,” he stated. When Apple released its financial results for the second quarter of its fiscal 2024, which ended in March, it reported that its revenue for the quarter was US$90.8 billion, which was 4% less than the same period the previous year. Apple works from October 1st to September 28th during its fiscal year.
