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Amid Apple's record streak, iPhone sales hit $10 bn
Mint Bangalore
|February 01, 2025
Apple chief Tim Cook underlined India's role both as a consumption market and an export hub for the tech giant
Apple Inc. marked an 11th straight quarterly revenue record in India in the October-December period, with analysts estimating that the company's gross revenue from iPhones hit $10 billion in the country last year.
Apple has been on a strong growth phase in India, largely driven by escalating demand for the iPhone in India. The company's smartphone lineup, which retails at over three times the average selling price of the Indian smartphone market, has been an outlier in terms of its volume growth—nearly tripling in annual sales by volume since 2021.
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