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Apple clocks double-digit revenue growth in India; iPhone shipment up 19%

iPhone shipments fell 11% in the quarter globally

Apple
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Analysts tracking Apple said the India results were glimpses of what the company could achieve in emerging markets

Peerzada Abrar Bengaluru
Apple, the global information technology major, has recorded double-digit growth in revenue in India over the last year. Also, its growth in the country bounced back in the company’s fiscal 2019 third quarter (Q3; its accounting year begins October 1), said Chief Executive Tim Cook.

“India bounced back during the quarter. We returned to growth there. We are very happy. We grew in Brazil as well,” said Cook on Wednesday. 

On a geographic basis, the US-based giant saw marked improvement in its year-on-year (YoY) comparisons from emerging markets, relative to the first half of this financial year. Particularly in the