gogogoFor
05-22

$Apple(AAPL)$ Apple's big bet on India is starting to pay dividends as the company's iPhone sales in the country surpassed those in any individual European Union country in the year 2023. Apple's iPhone revenue in India rose 42% YoY in 2023 to $8.7B, as per a Morgan Stanley note.iPhone sales in India outshine the European UnionDriven by strong consumer demand for premium devices, iPhone revenue in India jumped 42% year-over-year to $8.7 billion last year. iPhone shipments to India also grew 39% to 9.2 million units, making India the fifth-largest smartphone market for Apple. This makes India a larger iPhone market for Apple than individual European Union countries like Germany or France.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • twixzy
    05-23
    twixzy
    πŸš€ Apple's iPhone sales in India surpassed those in any European Union country.
  • historyiong
    05-23
    historyiong
    Wow, your article on Apple's success in India is amazing!
Leave a comment
2
1