Apple sales in India top $10 billion for first time as retail footprint expands

Apple has set a new high water mark in India – annual sales in the country topped $10 billion for the full fiscal year for the first time (this was for the 12-month period ending in March). This is up from the $9 billion figure for the previous fiscal year and an impressive 67% growth compared to three years ago. Most of the sales came from the iPhone line, of course, but Apple also saw increased demand for iPads and MacBooks, according to an insider who spoke to Bloomberg. India is still a relatively small market – Apple’s quarterly sales in China were $18.8 billion (i.e. over a...

In a big milestone, Apple has surpassed $10 billion in annual sales in India for the first time, marking a milestone in the company's push to grow its footprint in one of the world's most price-sensitive smartphone markets.Revenue growth over the yearApple exceeded $10 billion in annual sales in India for the first time in its last fiscal year, according to Bloomberg, underscoring surging demand for its devices in a market where it has been steadily expanding its retail network. Revenue grew at a double-digit percentage rate in the 12 months through March from about $9 billion a year earlier, according to a person familiar with the matter who was not identified because the information is private. Apple's iPhones accounted for a significant majority of the sales, while demand for iPads and MacBooks also rose, according to the same person.In rupee terms, industry sources cited by YourStory pegged the number close to Rs 1 lakh crore, up from about Rs 79,000 crore in the financial year 2025, with iPhone shipments growing 24 percent year-on-year. According to research firm Counterpoint, Apple's iPhone shipments in India for FY26 grew to 14 million units, a 24 percent increase year-on-year. Counterpoint's Neil Shah said India has emerged as a cornerstone growth market for Apple, driven by rapid iPhone adoption as mature smartphone users trade up to premium devices.Manufacturing shift toward IndiaAlongside rising sales, Apple has been shifting more of its production base to India. Around one in four iPhones globally are now made in India, though most of them are destined for sale in the US. The country has also moved to support this shift on the policy front: India has proposed extending tax exemptions until 2041 for foreign companies such as Apple that provide machinery to contract manufacturers.Retail expansion in the countryApple has been building out its physical retail presence in India to support this growth, having opened additional stores in cities including Bangalore and Pune as part of a gradual retail expansion, alongside a wider push through its reseller network across the country.A small but fast-growing marketDespite the milestone, India still contributes only a small portion of Apple's global revenue, but it is rapidly becoming one of the company's most important growth markets outside the United States and China. The trajectory marks a sharp climb for Apple in the country, from under $2 billion in annual sales five years ago to over $10 billion now, a run of growth that has also benefited local distributors and retail partners as the company deepens its presence in the market.

Apple has surpassed $10 billion in annual sales in India for the first time, highlighting the growing importance of one of its fastest-growing markets. Bloomberg's Dana Wollman breaks down what's driving demand, why the iPhone continues to lead the company's growth in the country, and how incoming CEO John Ternus is beginning to shape Apple's next leadership team. She joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)

Apple has crossed $10bn in annual sales in India for the first time. The milestone says as much about where the company is heading as where it has been. Revenue for the year to March topped $10bn, Bloomberg reported. That is up from about $9bn a year earlier, and $6bn two years before. iPhones made […] This story continues at The Next Web

Apple has set new annual sales in India, with its second main iPhone manufacturing base generating a record $10 billion in sales despite currency and tax challenges.Apple Borivali in Mumbai's new Sky City Mall — image credit: AppleIndia serves as Apple's second base of iPhone production alongside China, as part of the wider supply chain. While Apple has been building up its production capacity in India, it's also been increasing sales there, too.According to a Tuesday Bloomberg report, Apple has exceeded $10 billion in annual sales in India over the last fiscal year. It eclipses the $9 billion annual revenue that was reported in September 2025. Continue Reading on AppleInsider | Discuss on our Forums

Apple's annual sales in India surpassed $10 billion for the first time in the fiscal year ending in March, according to a person familiar with the matter cited by Bloomberg, as the company continues to widen its retail footprint in the country. Revenue grew at a double-digit percentage rate over the 12 months through March, up from about $9 billion a year earlier, with iPhones accounting for a significant majority of the total and demand for iPads and MacBooks also rising.Tag: IndiaThis article, "Apple's Annual India Sales Surpass $10 Billion for First Time" first appeared on MacRumors.comDiscuss this article in our forums

Apple reportedly exceeded $10 billion in annual sales in India for the first time in its last fiscal year. The achievement is all the more remarkable in a country with an average annual salary of less than $3,000 – especially when factoring in that iPhones cost more in India than they do in the USA …

Apple's recent sales figures from India, when presented in US dollars, are diminished by the rupee's decline. The Indian currency has dropped about 10% against the greenback since the start of last year.

Apple Inc. exceeded $10 billion in annual sales in India for the first time last fiscal year, underscoring surging demand for its pricey devices in a market where it’s steadily ramping up its retail network.