Apple posts record June quarter as India growth meets pricing pressure
Apple reported $109.4 billion in June-quarter revenue, up 16% year on year, with India delivering double-digit growth. iPhone and Mac sales led gains, while Apple raised select Mac, iPad and MacBook Neo prices in India amid higher memory costs and a softer device market.
Apple reported its strongest June quarter, with India delivering double-digit growth and a revenue record. Stable India pricing may face pressure as memory costs rise; Apple raised Mac, iPad and MacBook Neo prices in June despite a weakening Indian smartphone market.