The research firms told that Apple doubled its market share in India to 4% in the quarter, with the improved sales of older generation iPhone 11, iPhone XR, iPhone 12, and the newer iPhone series
The smartphone market worldwide fell to 285 million units, a second consecutive quarter of freefall
To hit the trillion-dollar market value, Apple shares would have to climb about 5%
Stock climbed above its intraday record high to $159.10
This allays investor concerns about a possible delay in launch of iPhone's 10th-anniversary edition