Apple CEO Tim Cook said the company beat Wall Street's sales and revenue expectations in the second fiscal quarter, boosted by higher-than-anticipated iPhone sales helped by Indian customers switching over from Android.The iPhone led sales for Apple in the second quarterThe company has not provided formal guidance, which has been its practice since 2020 during the onset of the Covid-19 pandemic. But Apple executives — per tradition — will discuss the company's financial results in a call with analysts on Thursday. Read more...

Apple CEO Tim Cook said the company beat Wall Street's sales and revenue expectations in the second fiscal quarter, boosted by higher-than-anticipated iPhone sales helped by Indian customers switching over from Android.The iPhone led sales for Apple in the second quarterThe company has not provided formal guidance, which has been its practice since 2020 during the onset of the Covid-19 pandemic. But Apple executives — per tradition — will discuss the company's financial results in a call with analysts on Thursday. Read more...

Apple CEO Tim Cook said the company beat Wall Street's sales and revenue expectations in the second fiscal quarter, boosted by higher-than-anticipated iPhone sales helped by Indian customers switching over from Android.The iPhone led sales for Apple in the second quarterThe company has not provided formal guidance, which has been its practice since 2020 during the onset of the Covid-19 pandemic. But Apple executives — per tradition — will discuss the company's financial results in a call with analysts on Thursday. Read more...

Apple’s revenue from India grew by 50% in the recently concluded fiscal year, according to reports. The company’s steps to increase production and improve its retail footprint in the country could help to sustain this impressive momentum. Apple’s focus on increasing sales in India could reap rich rewards in the long run, thanks to the country’s massive addressable market. Here are some of the key factors that contributed to Apple’s growth in India: • Increased production: Apple has been increasing its production of iPhones in India in recent years. Due to avoiding high import tariffs, shipping, and other factors, this has made its products more affordable and accessible to Indian consumers. • Improved retail footprint: Apple has also been expanding its retail…