Blitz Bureau
New Delhi: 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 company’s 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.
“And we set an all-time revenue record in services, which grew 14 per cent,” 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 Government’s 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.
