Apple reported a record June-quarter revenue of $109.4 billion, up 16% year-on-year, with CEO Tim Cook highlighting record growth across all regions, including India. Mac sales, led by MacBook Neo, surged while iPhone 17 demand remained strong despite supply constraints. Analysts expect Apple to outperform rivals due to its loyal ecosystem, pricing power and growing AI-driven appeal.

New Delhi: Apple CEO Tim Cook said that the company saw June-quarter revenue records in every geographic segment, including India, and results came despite “very significant constraints” in the supply chain and forex headwinds.

Apple Company posted quarterly revenue of $109.4 billion, up 16 per cent year over year. Company gross margin was 50.1 per cent, including a favourable impact of approximately 2 percentage points from tariff refunds.

Diluted earnings per share was $2.02, up 29 per cent year over year, and included a favourable impact of $0.11 from tariff refunds.

“We achieved June quarter revenue records in every geographic segment. We were pleased to see strength across the board with June quarter records in the U.S., Latin America, Western Europe, India, China Mainland, Japan, and Southeast Asia,” said Cook.