September 28, 2021
Technology

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,…

Read full article here: indianexpress.com