Apple Achieves Record Quarterly Revenue in India, Says Tim Cook
Apple has once again set quarterly revenue record (April-June period) in India, riding on robust local manufacturing amid the government's push and growing export figures.
New Delhi, August 2: Apple has once again set quarterly revenue record (April-June period) in India, riding on robust local manufacturing amid the government's push and growing export figures.
Apple CEO Tim Cook said during the company슬롯사이트s Q3 earnings call that they have set quarterly revenue records in more than two dozen countries and regions, including India, Canada, Mexico, France, Germany, the UK, Indonesia, the Philippines and Thailand.슬롯 머신 사이트 추천Apple Responds to Allegations Over Its AI Models, Says Taking Responsible Approach To Train and Improve.
슬롯사이트And we set an all-time revenue record in services, which grew 14 per cent,슬롯사이트 Cook told analysts. iPhone maker Apple achieved record exports numbers in the April-June quarter in India, reaching around $3.8 billion. Riding on the government슬롯사이트s production-linked incentive (PLI) scheme, Apple reached a new all-time high in the Q1 FY25, according to industry data.
Apple reported a new June quarter revenue record of $85.8 billion, up 5 per cent from a year ago. Luca Maestri, Senior Vice President and Chief Financial Officer, Apple, said that Mac generated $7 billion in revenue, up 2 per cent year-over-year, driven by the MacBook Air powered by the M3 chip. 슬롯사이트We saw particularly strong performance in our emerging markets, with June quarter records for Mac in Latin America, India, and South Asia,슬롯사이트 he informed.
Prabhu Ram, VP-Industry Research Group, CyberMedia Research (CMR) told IANS that the iPhone 15 series continued to keep pace. 슬롯사이트We believe Apple has sufficient headroom for growth in India over the upcoming quarters, with the new iPhone series and the festive season sales,슬롯사이트 Ram said.
In the last fiscal (FY24), the Cupertino-based tech giant saw its sales hitting new highs amid increased manufacturing and a growing premiumisation trend. The tech giant saw robust around $8 billion sales in India in the last fiscal 슬롯사이트 a nearly 33 per cent surge (on-year).슬롯 머신 사이트 추천iOS 18.1 Beta Update Released for Developers With Some Apple Intelligence Features; Check More Details.
According to industry estimates, iPhone shipments are projected to increase by over 20 per cent this year on the back of domestic manufacturing support and strong distribution. India슬롯사이트s electronics sector experienced rapid growth, reaching $155 billion in FY23.
(The above story first appeared on LatestLY on Aug 02, 2024 10:17 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).