New Delhi, Jan 30 (NationPress) Apple CEO Tim Cook announced that the company has achieved a record revenue for the quarterly period of October to December in India—a market where Apple’s production and exports continue to reach new heights every quarter.

During the December quarter, Apple reported all-time revenue records across the Americas, Europe, Japan, and other regions in Asia Pacific, with growth noted in nearly all markets monitored.

“We have been gaining traction in emerging markets, including India, where we experienced robust double-digit revenue growth,” Cook shared in the earnings call held late Thursday (US time).

“In retail, we are committed to providing a magical experience for our customers globally, and we are thrilled to report our best retail results ever during this quarter. We also celebrated the opening of our fifth store in India in December, with plans underway to launch another in Mumbai shortly,” he added.

In response to an analyst's inquiry, Cook confirmed that the company indeed set a quarterly revenue record in India during the December quarter.

“Going further, we established quarterly revenue records for the iPhone, Mac, and iPad, alongside an all-time revenue record for Services. This was a fantastic quarter for us in India. We are very optimistic about the potential there. India is the second-largest smartphone market globally and the fourth-largest PC market,” he elaborated.

Cook also mentioned that “despite our impressive growth history, we still hold a modest market share in India, presenting a significant opportunity for us. We are genuinely excited about this potential,” he noted.

“Additionally, it is worth mentioning that most customers purchasing the iPhone, Mac, iPad, and Watch are new to these products, which speaks volumes about the opportunity available,” Cook remarked.

Apple CFO Kevan Parekh reported that iPhone revenue reached $85.3 billion, reflecting a 23 percent year-over-year increase, driven by the iPhone 17 lineup.

“The iPhone enjoyed considerable success globally, achieving all-time revenue records in numerous tracked markets, including the U.S., Greater China, Latin America, Western Europe, the Middle East, Australia, and South Asia, along with a record December quarter in India,” he mentioned.

Mac revenue stood at $8.4 billion, marking a 7 percent decline year-over-year. As previously discussed, we faced tough comparisons due to the launches of the M4 MacBook Pro, Mac Mini, and iMac in the same quarter last year, he explained.

“Nevertheless, we are observing growth in several emerging markets, such as Brazil, India, Malaysia, Vietnam, and more. As Tim highlighted earlier, the Mac installed base has reached another all-time high, with nearly half of Mac buyers being new customers,” said Parekh.