Apple sales News

In 2024, close to 80 per cent of India-based developers’ App Store earnings came from users outside of the country, and 87 percent of developers were active on multiple storefronts. 

In India, mobile phone exports, led by Apple, from the country touched nearly $16 billion in FY24 from $11 billion in FY23.  

Apple sold 46.9 million iPhones in the fiscal fourth quarter, missing analyst expectations of 47.5 million iPhones, according to FactSet.

Apple Inc has decided to withhold royalty payments to its contract manufacturers that are owed to Qualcomm Inc, until a legal dispute between the companies is resolved, the chipmaker said on Friday.

Apple will post the first annual decline in iPhone shipments despite the launch of iPhone 7 in September, said a study, adding that India has emerged as a hot smartphone market and Apple must look seriously into making further inroads into the country.

The device which seeks to bring "the most extraordinary mobile experience through meticulous designs and smart technology" has become the most selling smartphone worldwide.

Apple Inc Chief Executive Tim Cook will visit India on Tuesday, and is scheduled to meet Prime Minister Narendra Modi and some industry leaders in India.

Apple Inc is expected to launch a smaller, cheaper iPhone on Monday aimed at emerging markets and possibly China, the world`s biggest buyer of smartphones, as it looks to reverse a decline in worldwide sales of its most important product

As Apple Watch enters the critical holiday shopping season, it looks likely to get a sales boost from happy customers, almost two-thirds of whom are planning to give one as a gift, a Reuters/Ipsos poll showed on Tuesday.

Middle class and first time smartphone buyers in emerging markets such as India and China were among the major drivers of iPhone sales in January-March period with the momentum expected to continue, Apple CEO Tim Cook has said.

Apple Inc beat Wall Street`s revenue and profit forecasts on Monday as it sold more iPhones in China than the United States for the first time, but the company gave no sales figures for its new Apple Watch.