Apple India revenue hits record high in December quarter

The India business of Apple Inc reported the highest revenue in December-quarter.

Source: Unsplash

Tim Cook said Apple achieved revenue records across over two dozen countries and regions, including records in Europe and the rest of Asia Pacific.

Source: AP

Apple has posted a quarterly revenue of $119.6 billion, up 2% on-year.

Source: ANI

Cook attributes this revenue growth to iPhone sales, and an all-time revenue record in services.

Source: Apple

Apple CFO Luca Maestri revealed that 80% of Zoho’s 15,000-plus global workforce uses the iPhone for work, and nearly two-thirds use the Mac as their primary computer.

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Apple shipped over 10 million iPhones in 2023, up from 6 million in 2022, securing the top revenue position for the year.

Source: Pexels

The tech giant accounted for 23 percent of smartphone revenue share in 2023.

Source: Unsplash

The average selling price (ASP) for Apple iPhones stood at $981 in 2023, the highest in the market.

Source: AP

Apple produced iPhones worth over Rs 1 lakh crore in India last year, having ramped up the output sharply from the year before.

Source: Pexels

Out of this, made-in-India iPhones worth Rs 65,000 crore were exported from January to December.

Source: Shutterstock