Apple has posted a record September quarter revenue of $64.7 billion, with strong performance across markets including India, reported news agency PTI . “Geographically, we set September quarter records in the Americas, Europe and Rest of Asia Pacific.
“We also set a September quarter record in India, thanks in part to a very strong reception to this quarter’s launch of our online store in the country,” Apple CEO Tim Cook said in an earnings call.
“Geographically, we set September quarter records in the Americas, Europe and Rest of Asia Pacific.
“We also set a September quarter record in India, thanks in part to a very strong reception to this quarter’s launch of our online store in the country,” Apple CEO Tim Cook said in an earnings call.
In September, Apple launched its first online store in India – a market that is dominated by Android smartphones.
Apple, which competes in the premium smartphone segment in India with players like Samsung and OnePlus, has been aggressively ramping up its presence in the Indian market.
The US-based company, in collaboration with partners like Wistron and Foxconn, had recently started assembling iPhone 11 in India.
According to research firm Canalys, the tech giant’s renewed focus on India paid off with a double-digit growth to nearly 800,000 units in the region during the July-September 2020 quarter.
A Counterpoint report had noted that Apple led the premium segment (over Rs 30,000) surpassing OnePlus even before its flagship launch, driven by strong demand for its iPhone SE 2020 and the iPhone 11.
Its latest offering, iPhone 12 will further strengthen its position in the December quarter, it had noted.
The iPhone 12 128GB model is priced at Rs 84,900 and the 256GB variant is priced at Rs 94,900. The iPhone 12 Pro also comes in three variants inclduing 128GB storage at Rs 1,19,900, 256GB storage variant at Rs 1,29,900, and 512GB storage model at Rs 1,49,900.
