Apple Iphone Sales

Apple's iPhone sales hit $10.7 bn in India, overtakes Samsung for 2nd year

Apple's iPhone shipments in India have exceeded $10.7 billion in 2024, surpassing FMCG giants like HUL and Nestle, while widening its lead over Samsung for the second consecutive year

India closes in on China in iPhone output, but revenue gap remains wide

Apple earned a record $8 bn in India in FY24 (2% of global revenue), while Greater China, including Hong Kong, Macau, and Taiwan, contributed $66.95 bn (17% of global revenue)

Apple offers $100 million to lift Indonesia's ban on iPhone 16 sale

According to the Indonesian government, Apple has only invested 1.5 trillion rupiah ($95 million) in the nation via developer academies

Apple India sets record revenue driven by iPhone sales, plans 4 new stores

"We continue to be excited by the enthusiasm we are seeing in India, where we set an all-time revenue record," said Cook

Apple sets record India revenue driven by iPhone sales, plans 4 new stores

The iPhone wasn't the only high-performing product; Cook mentioned that iPad sales in India saw strong performance as well, achieving double-digit growth in the quarter ending September

Apple faces lower than expected demand for iPhone 16 series: Ming-Chi Kuo

iPhone 16 Pro and Pro Max have seen fewer pre-orders compared to their predecessors, while the base iPhone 16 models are experiencing increased demand, according to analyst Ming-Chi Kuo

Apple rejected idea of iPhone AI partnership with Meta months ago

The two companies aren't in discussions about using Meta's Llama chatbot in an AI partnership

Apple's iPhone shipments in China rise 52% as rebound gains steam

The iPhone accounts for the vast majority of such devices, and its rapid bounceback comes after it registered growth in March following steep declines in the first two months of the year

Sales of Apple products, cars in India see surge in cash transactions

Around 7-9% of Apple's sales in its two company-owned stores were cash transactions, compared to less than 1 per cent or even none at all observed in its stores in the US or Europe

US antitrust law alleging iPhone mkt monopoly should be dismissed: Apple

In the letter to the judge, Apple said the DOJ relies on a new theory of antitrust liability that no court has recognized.

Vivo tops Indian smartphone market in Q1; Apple dominates premium segment

Vivo secured a market share by volume of 19 per cent as against 17.5 per cent year-ago, driven by its leadership in 5G technology

Apple dominates global list of best selling phones, iPhone 15 Pro Max leads

All four models in the iPhone 15 series made it to the global top 10 most selling smartphones list in Q1, 2024, according to a report from market analytics firm Counterpoint Research

Apple grows in double digit in India in Q2, Tim Cook very pleased

Apple CEO Tim Cook mentioned Apple's efforts to expand its presence in India, including increasing its distribution channels and developer community

After India and Vietnam, Apple looks to manufacture products in Indonesia

American tech giant does not have a manufacturing base in Indonesia, where iPhones and Apple computers have a strong following

Apple's iPhone shipments plunge 10% in Q1 as Android rivals rebound

Average selling prices for handsets are rising, as consumers increasingly opt for premium models that they intend to hold on to for longer, IDC's researchers found

Apple CEO Tim Cook visits Shanghai, with China sales under pressure

His visit comes after the iPhone maker announced that it would open a new retail store in the heart of the Chinese financial hub on Thursday

Apple India Dec qtr revenue hits record high on strong iPhone sales: Cook

iPhone maker Apple's revenue grew in double-digits and hit a new record in December 2023 quarter on strong iPhone sales, a top official of the company said on Friday. "India grew in revenue terms, grew strong double-digits in the December quarter and hit a revenue record," Apple CEO Tim Cook said during Apple's earnings call. Apple posted quarterly revenue of USD 119.6 billion, up 2 per cent year-over-year, and its installed base of active devices has now surpassed 2.2 billion, reaching an all-time high across all products and geographic segments. The company's revenue from iPhone grew by about 6 per cent to USD 69.7 billion in the reported quarter, from USD 65.77 billion. The company saw all-time high revenues in other emerging markets as well including Malaysia, Mexico, the Philippines, Poland and Turkey, Indonesia, Saudi Arabia etc, Cook added. According to market research firm Counterpoint Research, Apple led the India market with highest revenue in 2023 for the first time, wh

iPhone takes top spot in China for first time in 2023 despite challenges

The iPhone ranked first in shipments in the fourth quarter and 2023 overall, market tracker IDC said

iPhone sales slump in China, volumes to decline further, says Jefferies

The iPhone maker's latest generation got off to an atypically sluggish start in China last year, which most recently expanded to a 30 per cent year-on-year decline

Apple hit with second downgrade this week on iPhone sales concerns

Coming into 2024, Apple was the big tech stock with the least number of bullish recommendations