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Apple To Scale Up iPhone Production In India To $40 Billion By FY26
Apple plans to boost iPhone production in India to nearly $40 billion by FY 2025-26, shifting manufacturing away from China.
Apple To Roll Out Localized AI In India; Reports Strong Q1 Growth
Tim Cook announced that Apple Intelligence (AI) will roll out in India in April with localized English, along with other languages.
Apple CEO Tim Cook Reaffirms Commitment To India With Record Results & Expansion Plans
Apple CEO Tim Cook reaffirmed the company’s commitment to the Indian market during an investors’ call following their quarterly results.
Apple Joins Top Five Smartphone Brands In India, Captures 10% Market Share
Apple has reached a significant milestone in India, entering the top five smartphone brands for the first time since launching iPhone sales in the country.
India’s iPhone Production Surges To $10 Billion In FY25; Bolstered By PLI Scheme
India's iPhone production hit $10 billion in the first seven months of FY25, according to government data.
Apple Reports 36% Revenue Surge In India; Crosses ₹66,700 Crore In FY24
Apple Inc has reported a remarkable 36% surge in its operating revenue in India for the fiscal year 2023-24 (FY24), crossing Rs 66,700 crore.
Apple Exports iPhone Worth Rs 60,000 Crore In First 7 Months Of FY25
Apple has set a new milestone, with iPhone exports from India reaching nearly Rs 60,000 crore in the first seven months of FY25.
Apple To Open Four New Retail Stores As Clocks Record Revenue In India
"We are thrilled with the enthusiasm in India, where we hit an all-time revenue record," said Cook. He highlighted strong growth in both developed and emerging markets, with double-digit gains in Mexico, Brazil, the Middle East, India, and South Asia.
Indian-Origin Kevan Parekh Becomed Apple’s New CFO
Apple has named Indian-origin Kevan Parekh as its new Chief Financial Officer (CFO). Parekh will also join the tech giant’s executive team. Current CFO Luca Maestri will transition out of his role on January 1, 2025, according to Apple’s statement.
Apple Sets New Quarterly Revenue Record In India Amid Manufacturing Surge
Apple has achieved new revenue milestone in India for the April-June period, robust local manufacturing and a significant increase in exports.
