Strong growth in India, Latin America helps Apple log record $ 81.4 billion revenue in Jun quarter
The Hindu
In the past too, Apple has highlighted that it sees growth opportunities in the Indian market.
Strong double-digit growth in markets like India and Latin America have helped iPhone maker Apple report a double-digit revenue growth at $ 81.4 billion – a new record for the June quarter, according to its CEO Tim Cook. Apple registered a net income of $ 21.7 billion in the June 2021 quarter as against $ 11.2 billion in the year-ago period. The total net sales increased to $ 81.4 billion from $ 59.6 billion from June 2020 quarter. These are global numbers and the company does not disclose country-specific financial numbers. Apple has reported a very strong quarter with double-digit revenue growth across product and services categories and in every geographic segment, Mr. Cook said during the earnings call.
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