Apple achieves record revenue in Bharat for the December quarter
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Home News India

Apple achieves record revenue in Bharat for the December quarter

by Janam Web Desk
Feb 2, 2024, 10:58 am IST
in India, Tech

Thiruvananthapuram: Apple’s expansion in the Indian market has contributed significant achievements in the company’s overall growth. The company has disclosed its impressive financial performance for the December quarter, underscoring its robust presence in key markets, including Bharat, Indonesia, Saudi Arabia, and Chile. Apple’s top management informed analysts that the company achieved its highest  December quarter revenue in Bharat, propelled by increased iPhone sales and greater adoption of its products by enterprises. The company’s revenue for the October-December quarter has reached an impressive $119.6 billion, reflecting a notable annual increase of two percent.

Apple CEO Tim Cook said that “emerging markets have been a very key area of strength for us… India grew in revenue terms with strong double digits in the December quarter and hit a quarter revenue record.”

Meanwhile, iPhone sales and revenue have reached an all-time high, contributing significantly to the company’s overall success. Apple’s CEO, Tim Cook, has expressed optimism about the company’s future, emphasising a strategic focus on investing in emerging technologies that will shape the technological landscape. Cook specifically mentioned a commitment to advancing artificial intelligence (AI).

During the announcement, Tim Cook shared insights into the popularity of Apple Vision Pro among Apple users and developers. He described Vision Pro’s capabilities, such as immersive experiences on a 100-inch screen, hand tracking, and room mapping, all powered by impressive machine learning technologies. Cook stated that these features create a sense of magic for users, illustrating Apple’s dedication to delivering innovative and captivating experiences.

Furthermore, Cook emphasised Apple’s commitment to continually enhancing services and introducing cutting-edge technologies to a global audience. He expressed anticipation for the unveiling of more details about the ongoing developments, particularly in the realm of artificial intelligence.

Tags: AppleTim CookDecember quarter revenueFEATURED
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