Apple India revenue nears Rs 1 lakh crore as iPhone shipments rise 24%
Apple India’s FY26 revenue reportedly grew more than 20% to nearly Rs 1 lakh crore, supported by 14 million iPhone shipments, wider retail access, local assembly and financing. Supply constraints and higher memory costs could put upward pressure on iPhone prices in coming quarters.
Apple India’s FY26 revenue grew more than 20% to nearly Rs 1 lakh crore, driven by 24% growth in iPhone shipments to 14 million units. Expanded retail, local assembly and financing supported demand, though supply constraints and memory costs may raise iPhone prices.
Why this matters
The revenue surge follows Apple India’s recent Mac, iPad and HomePod price hikes tied to AI-driven memory costs. iPhones were spared in those increases, but the latest signal flags potential iPhone price pressure.
Retail-company signals are accelerating at +206614% QoQ.
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