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Apple's sales in India, a key market, surge to record USD 8 billion: Bloomberg

Apple Inc's annual sales in India hit a record of almost $8 billion in FY24, reported Bloomberg, q…

ANI   


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Apple's India revenue up 42% to $8.7 bn in 2023: Morgan Stanley

Apple's revenue in India rose nearly 42 per cent (on-year) last year to $8.7 billion, foreign broke…

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Apple may employ 5 lakh people in India in 3 years as it looks to boost India production

"Apple is accelerating hiring in India. At a conservative estimate, it is going to employ five …

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Apple clinches strong double-digit growth in India; CEO says incredibly exciting market

"We did grow strong double-digit (in India). And so we were very, very pleased about it. It was…

PTI   


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Apple has low share in India's large market, lots of headroom: Tim Cook

Describing India as a "major focus" for Apple, CEO Tim Cook has said the tech giant has a "low shar…

PTI   


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Indian IT sector staring at 2nd straight year of muted revenue growth: Crisil

The overall industry size is pegged at USD 250 billion and it creates over 50 lakh direct jobs.…

PTI   


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iPhones grow 28% to grab over 6% market share in India in 2023

Riding on the premiumisation trend in India, iPhones grew 28 per cent from 4 per cent market share …

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Apple exported 'India-made' iPhones worth Rs 65,000 crore in 2023

As India doubles down on local manufacturing, Apple assembled iPhones worth more than Rs 1 lakh cro…

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8 mins read

Hindenburg target SEBI chief, she calls charges baseless, Adani says no commercial relationship with SEBI head

Madhabi Puri Buch and her husband Dhaval Buch in a joint statement strongly denied the "baseless al…

PTI   


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Premium segment contributed 35% of overall smartphone market revenue in 2022

Premium segment (Rs 30,000 and above) contributed 11 per cent to India's smartphone shipments and 3…

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7 mins read

India’s economic rise: How global tech giants are chasing the next big growth engine

India stands as a tech haven amid global turmoil. Major tech firms like Apple, Microsoft, and Meta …

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Why Apple is so obsessed with India

A growing middle class and demand for high-end tech present opportunities for Apple's revenue growt…

Cork Gaines   


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Apple's revenue from products made in China could plummet to less than a third in the next five years, a top investor says

Apple depends on China for manufacturing its top products, but geopolitical pressures could lead to…

Hasan Chowdhury   


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Apple hits record quarterly growth in India: Country at a tipping point, says Tim Cook

Apple CEO Tim Cook has said India is an "incredibly exciting market" and a "major focus" for the co…

PTI   


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Indian smartphone market flat in 2023 after Q4 boost; Apple crosses 10 million mark

The Indian smartphone market remained flat in 2023, with 152 million smartphones shipped in the cou…

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Tim Cook's comments about iPhone sales in China just cost Apple $490 million

Apple shareholders alleged in their suit that Tim Cook made false and misleading comments about the…

Grace Eliza Goodwin   


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iPhone users may soon start seeing more ads on their devices, report says

Apple is reportedly considering showing ads to iPhone users in its apps. The company may soon show …

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Apple reveals first glimpse of its grand India retail store in Mumbai

After years of wait, Apple on Wednesday finally lifted the curtains off its much-awaited own brande…

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India should protect legitimate rights and interests of Vivo: Chinese state media

Amid reports that Indian authorities prevented Chinese smartphone maker Vivo from exporting 27,000 …

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Indian pharma industry to log in 8-10% revenue growth this fiscal: Crisil

In addition, sale of existing drugs and new launches will drive 3-4 per cent volume growth, h…

PTI