Apple's Record Quarter Driven by iPhone Sales, India Market Sets All-Time Record

Hindustan Times - Business · business

Apple achieved a record fiscal fourth quarter with global revenue reaching $114.5 billion, a 12% year-on-year increase. iPhone revenue surged 17% to $57.6 billion, defying supply constraints and foreign exchange headwinds. The company reported an all-time record in the Indian market, with CEO John Ternus highlighting the launch of Apple Pay with Axis Bank as a key milestone. Services revenue also hit a record $31.6 billion, up 10% year-on-year, contributing to the strong overall performance.