Apple CEO Tim Cook Confirms 4 New Apple Stores In India, Says India Helped Boost Global iPhone Sales

Apple’s iPhone category posted revenue gains in all geographic segments, contributing to a new high for the September quarter.

While Cook confirmed Apple’s expansion plans, the specific locations for the new Indian stores remain unannounced.

Source : X/@applesfera

Apple has announced plans to expand its retail footprint in India, with CEO Tim Cook confirming the opening of four new Apple Stores. Currently, the company has two flagship locations in the country, situated in Mumbai’s Bandra-Kurla Complex and New Delhi’s DLF Saket. The expansion comes as part of a record-setting quarter for Apple, with Cook highlighting a significant revenue increase across markets, especially in India.

During the third quarter earnings call, Cook revealed the impressive growth in iPhone sales worldwide, with India showing substantial gains. “The iPhone grew in every geographic segment, marking a new September quarter revenue record for the category, and services set an all-time revenue record, up 12 per cent year-over-year. ,” Cook said, underscoring the brand’s strengthening presence in the country.

Apple’s iPhone category posted revenue gains in all geographic segments, contributing to a new high for the September quarter. Services revenue also reached an all-time high, climbing 12 per cent year-over-year, with substantial growth across regions including the US, Europe, and several Asia-Pacific markets.

Apple’s Chief Financial Officer Luca Maestri noted a strong 8 per cent revenue boost for iPads as well, including strong contributions from emerging markets like India. Maestri emphasised double-digit growth across India, South Asia, and Latin America.

No Word On Apple Store Locations 

While Cook confirmed Apple’s expansion plans, the specific locations for the new Indian stores remain unannounced. Speculation suggests new stores may be set up in Bengaluru, Pune, Delhi-NCR, and another Mumbai outlet, aligning with Apple’s recent investments in India.

As Apple advances in the Indian market, recent launches, such as the iPhone 15 and iPhone 16, have added momentum ahead of the festive season, further securing Apple’s standing. With a 22 per cent share of India’s smartphone market by value, Apple is now second only to Samsung, according to Counterpoint Research.

Globally, Apple’s September quarter revenue reached $94.9 billion, a 6 per cent year-over-year increase. Looking ahead, the company is optimistic about continued growth, driven in part by the gradual integration of new AI features across its product range.