Set quarterly revenue records in more than two dozen geographies, including India, says Tim Cook

Updated - August 03, 2024 02:25 am IST - Bengaluru

Apple CEO Tim Cook. File

Apple CEO Tim Cook. File | Photo Credit: Reuters

Apple, the Cupertino-based iPhone maker, on Friday said it saw record revenue growth across more than two dozen geographies, including India in the June 30th ended quarter.

Apple reported a new revenue record of $85.8 billion, up 5% from a year ago, and better than what the company had expected. EPS grew double digits to $1.40 and achieved a record for the June quarter, said CEO Tim Cook.

‘’We also set quarterly revenue records in more than two dozen countries and regions, including Canada, Mexico, France, Germany, the UK, India, Indonesia, the Philippines, and Thailand. And we set an all-time revenue record in services, which grew 14%,’‘ Cook said.

In the third quarter earnings call, Luca Maestri, Senior Vice President and Chief Financial Officer, Apple said, ‘‘We saw particularly strong performance in our emerging markets, with June quarter records for Mac in Latin America, India, and South Asia.’‘

Mac generated $7 billion in revenue, up 2% year-over-year, driven by the MacBook Air powered by the M3 chip,’‘ he added.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.