Apple doubled its business in India, CEO Tim Cook says nearly one-third of the revenue from emerging markets
India Today
Apple also added that it should achieve a record-setting holiday quarter despite worsening supply shortages. In India, the company doubled its business and it was the biggest highlight in terms of the Indian market.
During the September quarter earnings call, Apple confirmed that it had a record quarter with $83.4 billion in revenue, which was up 29 per cent year over year. In terms of the Indian market, CEO Tim Cook, during the earnings call, confirmed that Apple doubled its business in India.
The record-setting quarter in India can be credited to festive season online sales as well as attractive offers that wooed Indian consumers. The iPhone 12 was available at under Rs 50,000 during the festive sales, while the offer from Apple where consumers could get an AirPods free with the iPhone 12 must have also contributed to the overall results.
