iPhone sales set new March quarter record, CEO Tim Cook says India is at tipping point

Apple CEO Tim Cook
Image Source: PTI Apple CEO Tim Cook

iPhone maker Apple registered a new sales benchmark and had a very strong January-March quarter. The company sold $51.3 billion worth of iPhones in its March quarter, a record for the company, and the iPhone 14 and 14.

Talking about the good sales done by the company, Apple CEO Tim Cook said that India is at the peak at the moment and is a huge market.

Apple reported record revenue of $94.8 billion for its March quarter, which was better than expectations.

“Looking at the business in India, we set a quarterly record, very strong growth, double digits year-on-year. So it was a pretty good quarter for us, taking a step back, India is an incredibly exciting market It’s a major focus for us. “I was just there, and the dynamics in the market are incredible,” Cook told analysts during the earnings call on Thursday.

Over time, he said, Apple is expanding operations in India to serve more customers.

“Three years ago, we launched the Apple Store online, and then, we launched two stores just a few weeks ago, and they’re off to a great start, one in Mumbai and one in Delhi,” Cook said.

Apple has also got several channel partners in the country.

“Overall, I couldn’t be more happy and excited with the enthusiasm we’re seeing for the brand out there. There’s a lot of people coming into the middle class, and I really think India is at an inflection point, and it’s there It’s too good to be,” said the Apple CEO.

The company achieved all-time records in Mexico, Indonesia, the Philippines, Saudi Arabia, Turkey and the United Arab Emirates, as well as several March quarter records, including Brazil, Malaysia and India.

,With inputs from IANS,

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