Apple Company saw June-quarter revenue records in India, including other countries: Tim Cook
New Delhi: Apple CEO Tim Cook said that the company saw June-quarter revenue records in every geographic segment, including India. Apple Company posted quarterly revenue of $109.4 billion, up 16% year over year.
Apple Company posted its June-quarter revenue records in every geographic segment, including India, and results came despite very significant constraints in the supply chain and forex headwinds, he said. Company gross margin was 50.1%, including a favourable impact of approximately 2 % points from tariff refunds.
Diluted earnings per share were $2.02, up 29%year over year, and included a favourable impact of $0.11 from tariff refunds. We achieved June quarter revenue records in every geographic segment, said Tim Cook. We were pleased to see strength across the board with June quarter records in the U.S., Latin America, Western Europe, India, China Mainland, Japan, and Southeast Asia, he added.
Mac revenue was $10.4 billion globally, up 29 %t year-over-year, a new June quarter record, driven by the strength of MacBook Neo and MacBook Pro.
Apple delivered another record revenue quarter in India, with Mac the standout performer — driven by a strong uptick in MacBook Neo adoption alongside continued robust demand for the iPhone 17 series, even as iPhone supply remained constrained in the country.
Kevan Parekh, Apple CFO said that as Tim mentioned, Mac had its best quarter ever for customers new to the Mac and for upgraders worldwide, including in the U.S., China Mainland, and India.