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MARKET SHARE IN INDIA AT 6%: Apple strong locally, a bit weak globally

Financial Express Mumbai

|

November 04, 2023

Retail stores in India doing better than expected: Cook

- JATIN GROVER

MARKET SHARE IN INDIA AT 6%: Apple strong locally, a bit weak globally

APPLE CEO TIM Cook sees a lot of headroom for the company to grow the market share of iPhones in India.

"We had an all-time revenue record in India. We saw strong double-digit growth here. It's an incredibly exciting market and a major focus area for us," Cook said, addressing analysts after the company declared its global earnings for the July-September quarter.

Apple has now recorded double-digit growth in the India market for the sixth straight quarter on the back of strong iPhone sales."We see an extraordinary market (in India), a lot of people moving into the middle class, distribution is getting better, lots of positives," Cook added.

However, the company's overall revenue globally, fell 1% year-on-year to $89.5 billion during the period.

Financial Express Mumbai'den DAHA FAZLA HİKAYE

Financial Express Mumbai

‘We have already crossed half of our FY26 investment targets’

Startup incubator IIMA Ventures is bullish on three broad innovation frontiers, including deeptech and frontier tech, digital acceleration and decarbonisation, its CEO and Managing Partner Priyanka Chopra tells S Shanthi in an interview.

time to read

3 mins

November 28, 2025

Financial Express Mumbai

Delhi-Mumbai Expressway to be completed at earliest: Gadkari

UNION MINISTER OF Road Transport and Highways Nitin Gadkari on Thursday reviewed the progress in construction of the Delhi-Mumbai Expressway at Surat in Gujarat and said efforts were being made to complete the ambitious project as soon as possible.

time to read

1 mins

November 28, 2025

Financial Express Mumbai

Benchmarks touch lifetime highs

ACCORDING TO Aashish P Sommaiyaa, ED & CEO of WhiteOak Capital AMC, while domestic flows are sustainable, FPI outflows are abating and there are early signs of change.

time to read

1 mins

November 28, 2025

Financial Express Mumbai

Govt pushes green farm tools to boost food output by ’47

THE GOVERNMENT WILL prioritise green fuel-based farm machinery and enhance access to mechanisation for small and marginal farmers as part of India's vision to become a global food basket by 2047, Agriculture Secretary Devesh Chaturvedi said on Thursday.

time to read

1 min

November 28, 2025

Financial Express Mumbai

PM inaugurates Skyroot's orbital rocket in Hyderabad

PRIME MINISTER NARENDRA Modi on Thursday unveiled space startup Skyroot's first orbital rocket and praised Gen Z professionals for creating new technologies.

time to read

1 min

November 28, 2025

Financial Express Mumbai

Hong Kong fire death toll rises to 83

POLICE ARREST CONSTRUCTION FIRM BOSSES; MANY STILL MISSING

time to read

1 mins

November 28, 2025

Financial Express Mumbai

UK net migration drops by 2/3rds

LONG-TERM NET migration to Britain fell to 204,000 in the year to June, around two-thirds lower than a year earlier, official data showed on Thursday, extending a downward trend driven by tougher government policies.

time to read

1 min

November 28, 2025

Financial Express Mumbai

Airtel likely to dial up capex by 56% in FY27

Broadband & 5G network upgrade, data centre push key capex drivers

time to read

1 mins

November 28, 2025

Financial Express Mumbai

Benchmarks touch fresh lifetime highs

DIIs power rally, buy shares worth ₹3,941 crore

time to read

2 mins

November 28, 2025

Financial Express Mumbai

NBBL targets one billion monthly transactions

NPCI BHARAT BILLPAY'S (NBBL) platform aims to process 1 billion transaction per month over the next three years, said Noopur Chaturvedi, MD & CEO of NBBL, a wholly owned subsidiary of the National Payments Corporation of India.

time to read

1 min

November 28, 2025

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