Apple's Revenue Growth Continues Amid Challenges in China and Laptop Market

Despite strong iPhone sales driving revenue increases, Apple faces hurdles in expanding its laptop market share and contends with a competitive smartphone market in China.

Apple India's revenue in FY24 is expected to increase by 70%, driven by strong iPhone sales growth through 2023.
Apple's overall revenue for the December quarter reached $119.6 billion, marking a seventh consecutive quarter of record revenues.
Apple aims to produce a quarter of its iPhones in India by 2025, despite challenges in expanding its laptop market share due to high prices and limited enterprise deals.
Apple ends a yearlong sales slump with a slight revenue rise in the holiday season, but faces challenges in China and from the upcoming release of its mixed-reality headset.
Apple forecasts a drop in iPhone sales and targets overall revenue $6 billion below Wall Street expectations, as its business in China suffers.