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Apple's India Sales Surge 33%, Reaching Record $8 Billion

The tech giant's strategic shift from China to India pays off with significant revenue growth and increased local production.

  • Apple's annual sales in India hit nearly $8 billion, marking a 33% increase from the previous year.
  • iPhones accounted for over half of Apple's sales in India, despite the market being dominated by Android devices.
  • Apple has been producing iPhones in India since 2017 and opened its first retail store in the country last year.
  • Around 14% of Apple's iPhones were manufactured in India last year, with plans to increase this number.
  • Apple's stock has reached new highs, boosted by its successful AI strategy and market expansion efforts.
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