Mumbai: Apple has reported record-breaking revenues across its iPhone, MacBook, iPad, and Services segments, with a significant portion coming from first-time buyers. Despite a strong 38% year-on-year growth in China—where Apple’s sales rose to $25.5 billion—CEO Tim Cook has highlighted India as a major growth opportunity for the company.
Speaking to analysts, Cook said, “What we are seeing in India is very encouraging. It is the world’s second-largest smartphone market and the fourth-largest PC market. Even though our market share remains modest, the potential for growth is enormous, and we couldn’t be more excited about it.”
Apple’s performance in India continues to strengthen, with the company posting double-digit growth in the country during the December quarter of fiscal year 2026. Globally, Apple recorded $144 billion in revenue for the quarter ending December 27, 2025, a 16% increase over the previous year. Services revenue reached an all-time high, and new quarterly revenue records were set for iPhone, Mac, and iPad.
In line with this growth, Apple is expanding its retail footprint in India. Cook confirmed that the company will soon open a new store in Mumbai, marking its sixth company-owned outlet in the country. “We were excited to open our fifth store in December, and we look forward to adding another in Mumbai shortly,” he said.
With India’s market continuing to expand and consumer appetite for Apple products growing rapidly, the country represents one of the most significant opportunities for the tech giant’s future revenue growth outside of China.
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