Apple Hits All-Time High Revenue in India: iPhone and Mac Surge

Apple achieves record-breaking revenue in India, fueled by a surge in iPhone upgrades and double-digit growth in MacBook sales.

KRISHNVEER SINGH3 November 20262 min read0 viewsBusiness
Apple Hits All-Time High Revenue in India: iPhone and Mac Surge

Apple has achieved a historic milestone in the Indian market, recording its all-time highest revenue during the September quarter. This massive growth was fueled by a potent combination of strong consumer demand, a growing number of users upgrading their iPhones, and a significant jump in the popularity of the MacBook lineup.

The company's overall financial health remains robust, with total revenue for the quarter ending September 26, 2026, reaching USD 114.5 billion. This represents a 12 per cent increase compared to the same period last year. These details were revealed during Apple's fiscal 2026 fourth-quarter financial results conference call.

Global Momentum and the India Breakthrough

During the call, Apple CEO John Ternus highlighted the company's expansive growth across various global regions. He noted that Apple set September quarter records in Europe, the Americas, Greater China, and the rest of the Asia-Pacific region.

While growth was evident in both developed and emerging markets, the performance in India stood out as a particular highlight, reaching an all-time record for the company.

The iPhone Upgrade Wave

Smartphones continue to be the primary engine of Apple's growth. Globally, iPhone sales climbed 17 per cent year-over-year to reach USD 57.6 billion, despite facing challenges such as foreign exchange headwinds and supply constraints.

A key driver for this success was the "upgrader" trend. Ternus revealed that the company set a September quarter record for users upgrading their devices worldwide. This trend was particularly prominent in three key markets: the United States, mainland China, and India, contributing to the best fiscal year ever for upgraders globally.

MacBook Growth and Services Expansion

It wasn't just iPhones that drove the numbers. The computing division saw a dramatic rise, with Mac revenue jumping 24 per cent year-over-year to USD 10.8 billion. Chief Financial Officer Kevan Parekh attributed this success to the strong performance of the MacBook Pro and MacBook Neo lines.

Parekh emphasized that double-digit growth was observed in both emerging and developed markets, with India and Southeast Asia hitting all-time records in the Mac category.

Beyond hardware, Apple is diversifying its footprint in India through financial services. The company highlighted the rollout of Apple Pay in partnership with Axis Bank, aiming to capitalize on the rapid adoption of digital transactions in the country.

A Record-Breaking Services Sector

Apple's services division also posted stellar results, generating a record USD 31.6 billion, a 10 per cent increase from the previous year. Despite fluctuations in foreign currency, the services arm hit revenue records in most of its tracked markets, including Latin America and India.

Adding to these internal milestones, market analysis from World Panel confirms that the iPhone remains one of the top-selling devices across several major international markets, including Japan, Australia, Germany, the United Kingdom, urban China, the United States, and India.

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