Apple iPhone 17: in india Apple Has recorded the biggest quarterly earnings till date. Record sales of the iPhone 17 series and older models during the quarter ending in September pushed the company’s earnings to historic levels. During the festive season, attractive offers, huge discounts and easy financing options attracted a lot of customers. According to Apple CEO Tim Cook, India has now become the largest emerging market and key growth engine for the company.
Apple CEO Tim Cook said that the company has created an all-time high revenue record in India. “India is now the fastest growing country among our emerging markets,” he said. iPhone demand during the festive season exceeded expectations, making India the strongest center of revenue growth for Apple. According to the company, the financial year from October to September has been a consistently record-breaking performance in India.
According to the report of Counterpoint Research, Apple’s sales have registered an increase of 19% compared to last year. At the same time, according to the IDC report, the company shipped about 5 million iPhones in India in the September quarter, which is the highest figure till date. The iPhone 17 and 17 Pro series contributed about 10% to total sales, while the older models iPhone 16 and iPhone 15 dominated the market with 80% share due to heavy discounts.
Apple faced supply chain issues for some models amid record demand. Tim Cook said, “There is pressure on the delivery of iPhone 16 and 17, but the company is working to resolve this challenge quickly.” Market experts believe that Apple’s sales may increase further in the December quarter, especially due to the increasing demand for wearables, MacBook and other products. The cross-selling strategy and growing consumer power in India could bring new heights for Apple in the coming months.
