Apple’s Cook says India posts strong double-digit revenue growth as iPhone sales soar

Apple recorded “strong double-digit revenue” growth in India during the December quarter of 2025, highlighting the country’s growing role in the iPhone maker’s global expansion strategy, CEO Tim Cook said.

Speaking on the company’s post-earnings call, Cook said Apple had a “terrific” quarter in India in Q1 FY26, posting record revenue from iPhone, Mac, iPad, and services. The performance came despite Apple still holding a relatively modest market share in the country.

“Despite a very nice growth history, we have a modest share there,” Cook said. “The majority of customers buying iPhone, Mac, iPad, and Watch are all new to that product, which speaks very well to the opportunity there.”

India is currently the world’s second-largest smartphone market and the fourth-largest PC market, making it a key growth market for Apple. The company has been steadily expanding its presence in India, both in retail and manufacturing.

Apple recently opened its fifth store in Noida in December and plans to open another in Mumbai soon, signaling a sharper focus on direct-to-consumer engagement, Cook added.

Apple CFO and senior vice president Kevan Parekh noted that India was among the markets where iPhone revenue hit a record during the quarter. “The iPhone active installed base grew to an all-time high and set a new record for upgraders across many countries, including the US, China Mainland, Japan, and India,” he said.

Globally, Apple reported its best-ever quarter in Q1 FY26, with revenue rising 16% year-on-year to $143.8 billion. iPhone revenue jumped 23% YoY to $85.3 billion, underscoring continued strong demand for the iPhone 17 family.

India has also emerged as a key manufacturing hub for Apple, with the company ramping up iPhone production through contract manufacturers as part of a broader supply chain diversification strategy. Alongside manufacturing, Apple is stepping up efforts to increase its market share in the country.

Apple India’s financial performance reflects this momentum. In FY25, the company reported a 16% jump in net profit to ₹3,196 crore, while operating revenue rose 19% to ₹79,060.5 crore, driven by robust device sales.

Looking ahead, Apple is exploring ways to expand its services portfolio in India. The company is considering launching Apple Pay by late 2026, which would allow users to make card-based contactless payments using their iPhone or Apple Watch, subject to regulatory approvals.

With strong double-digit growth in the December quarter, expanding retail presence, and rising manufacturing investments, India is increasingly central to Apple’s global growth story.