Of the total iPhones shipped, around 1 million are ‘Make in India’ devices. “The iPhone is an engine for that market, especially for Apple products, which initially built the market there,” he said.Īccording to data shared by market intelligence firm CyberMedia Research (CMR), the growth has been driven by sales of the impressive iPhone 12 and 13 models. Ĭook said the company “continues to perform in certain key geographies with low iPhone penetration between Indonesia, Vietnam and India where we are doing very well”. Speaking to analysts after posting a record June quarter, Cook said the quarter reported record earnings in both developed and emerging markets “with double-digit growth in Brazil, Indonesia and Vietnam, and doubling new revenue in India.”. Continuing its growth in India driven by local manufacturing, Apple sells more than 1.2 million iphone In the second quarter (Q2) of this year, the country has recorded massive growth of 94 percent (YoY).
Apple The company’s CEO Tim Cook has announced that the April-June period has seen its revenue double in India, setting a new all-time record in the country exclusively using its iPhone 13 series.
