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Record Breaking Q3 Growth In India: Apple CEO Tim Cook


SUMMARY

Tech giant Apple set a new June quarter revenue record in India, driven by robust sales of MacBooks, according to top executives

Apple CFO Luca Maestri said the company set a new June quarter revenue record for Mac in Latin America, India and South Asia

Apple posted a 5% year-on-year jump in its revenue at $85.8 Bn for the fiscal 2024 third quarter ended June 29

Tech giant Apple set a new June quarter revenue record in India, driven by robust sales of MacBooks, according to top executives.

“We […] set quarterly revenue records in more than two dozen countries and regions, including Canada, Mexico, France, Germany, the UK, India, Indonesia, the Philippines, and Thailand,” Apple CEO Tim Cook said during the firm’s Q3 FY24 earnings call.

Apple posted a 5% year-on-year jump in its revenue at $85.8 Bn for the fiscal 2024 third quarter ended June 29.

Apple CFO Luca Maestri emphasised that the tech giant witnessed strong performance in emerging markets, setting a new June quarter revenue record for Mac in Latin America, India and South Asia.

“Mac generated $7 Bn in revenue, up 2% year-over-year, driven by the MacBook Air powered by the M3 chip,” Maestri said.

(The story will be updated soon)





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