India, emerging markets power another record quarter for Apple
Apple has reported another record quarter despite the pandemic, powered by strong growth in countries like India. The Company posted a June quarter record revenue of $81.4 billion, up 36 per cent over last year.
“This quarter, our teams built on a period of unmatched innovation by sharing powerful new products with our users, at a time when using technology to connect people everywhere has never been more important,” said Tim Cook, Apple’s CEO in a note.
Later, speaking to analysts, he elaborated: “Today, Apple is reporting a very strong quarter with double-digit revenue growth across our product and services categories and in every geographic segment. We set a new June quarter revenue record of $81.4 billion, up 36% from last year, and the vast majority of markets we tracked grew double digits, with especially strong growth in emerging markets, including India,…