Apple experienced double-digit growth in India (Q2 2024) amid a 4% global revenue decline, driven by iPhone manufacturing.
Apple posted double-digit growth in India during Q2 2024, despite an overall 4% revenue decline year-over-year. Apple CEO Tim Cook praised the growth, stating it was a "new March quarter revenue record for us." Cook emphasized the importance of manufacturing iPhones in India to remain competitive in the market. Apple has been ramping up its iPhone assembly in India over the past few years, partnering with contract manufacturers to produce a range of models.
May 03, 2024
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