“We're encouraged by the enthusiasm we're seeing in India, where we've had the largest revenue record ever,” Cook said during a quarterly earnings call late Thursday (Q4 fiscal 2024). It's been an extraordinary year of innovation.” He noted that in addition to growth in developed markets, “we also saw strong performance in several emerging markets, with double-digit growth in Mexico, Brazil, the Middle East, India and South Asia.” Apple has two retail stores in India
“We look forward to opening four new stores for customers in India. We are passionate about education and believe that teachers have the power to inspire their students and help students learn about the world around them. Technology has an important role to play in helping,” Cook said. According to Luca Maestri, senior vice president, chief financial officer, the company set an “all-time revenue record during the September quarter”.
As India is breaking all previous records in terms of local mobile manufacturing, tech giant Apple is poised to surpass the FY24 figures of exports from India, which is the highest this fiscal year.
(FY25) 50,000 crore (over $6 billion) in the first six months of 2017, the latest industry data shows. iPhone exports from India to cross $10 billion in 2023-24 from $6.27 billion in 2022-23. Overall, the iPhone maker's India operations reached $23.5 billion in the last financial year (FY24). Apple assembled $14 billion worth of iPhones in India last fiscal year, exporting devices worth more than $10 billion.
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