India is fast turning out to be the sweet spot for American electronics giant Apple, something its global CEO Tim Cook has repeatedly acknowledged. He again reiterated its importance during the company’s annual results conference as he talked about doubling of revenues on strong sales. The India showing came even as Apple’s revenues in China, one …
Apple India continues its stellar run, doubles business in last fiscal
Apple posted a double-digit revenue growth in India in the quarter ending June, and has since doubled its business in India in FY 2021 with a stellar performance. As per Apple, it generated a quarterly revenue of $83.4Bn in Q4 2021. Demand was very robust, and Apple set another quarterly record despite larger-than-expected supply constraints. …
Apple Silicon at WWDC 2020: The next phase for Macs
At the WWDC 2020, Apple announced that it will debut its first Mac with Apple Silicon by the end of this year, beginning the process of displacing Intel chips in Mac computers. Apple expects the transition to in-house SoCs to take two years. In the interim, new Intel-powered Macs will still be in the pipeline. …
Apple Q1 2020 Earnings: Behind Apple’s Growth in India
Apple turned around its India story in 2019, by doubling its market share to 2%. At the Apple Q1 2020 earnings call for the quarter ending December 28, 2019, Apple confirmed its success story with a quarterly revenue of $ 91.8 Bn, an increase of 9% from the year ago. With respect to India, Apple …
Mac sales help Apple log strong quarter growth in India
Not iPhones, iPads or Apple Watches but it was Mac sales that helped Apple register record growth in the India market in its fiscal Q4 quarter (July-September period). The company generated an all-time revenue record for the Mac desktops in the reported quarter in the country, it announced on Wednesday. “Despite the tough compare, we …