This record revenue was driven by iPhones, Macs, and the company's services. The recently launched iPhone 18 series and iPhone Duo are believed to be the primary drivers behind this record-breaking revenue in India.Zomato founder Deepinder Goyal has advised people to think twice before purchasing his wearable device, Temple. Furthermore, he tweeted that he may revoke his current 14-day return policy in India, similar to Apple's, and stated that he plans to adopt Apple's approach. Deepinder Goyal shared a study on his Twitter account, which measured how accurate his Temple device was compared to five major wearables and two Polar H10 chest straps in measuring heart rate. He claimed that Temple performed better than other devices in testing, but he also acknowledged that it's important to conduct personal verification.Although Apple did not provide a separate breakdown of its India revenue, the company reported total revenue of $114.5 billion (approximately Rs 114.5 billion) in the fourth quarter (Q4) of 2026, up from $102.5 billion (Rs 102.5 billion) a year earlier.This growth was driven by increased demand for all Apple products, including iPhone, Mac, and the services business. iPhones have been a significant driver of this growth in India, particularly from users upgrading from older models. John Turner stated, "We achieved record upgrade numbers globally, including in the US, China, and India, during the September quarter. This helped us achieve our best fiscal year ever for global upgrades."
Why did iPhone sales increase?
The increase in iPhone demand in the September quarter shouldn't be surprising, as Apple launched the iPhone 18 Pro series and iPhone Duo on September 9th. While sales of the iPhone Duo began in October, demand for the iPhone 18 Pro series may have helped boost revenue in India.Apple CFO Kevan Parekh stated that the number of active iPhones worldwide has reached an all-time high. Additionally, in many markets, including the US, China, India, and Japan, it was a record year for iPhone upgrades. According to the CFO, the iPhone was also the best-selling model in many regions, including India.
Mac broke all old records
According to Apple, sales of Mac computers played a major role in the record revenue in India. Apple CFO Kevan Parekh stated that Mac sales have seen double-digit growth in both developed and emerging markets. In markets like India and Southeast Asia, Mac sales have broken all previous records.
Month-over-month growth is a key metric for measuring the growth of your business. To calculate Month-over-Month growth, subtract the first month from the second month and then divide that by the last month’s total. Multiply the result by 100 and you’re left with a percentage. The percentage is your Month-over-Month growth rate. The formula for Month-over-Month growth rate is: Percent change = (Month 2 – Month 1) / Month 1 * 100 However, there’s much more to understanding your monthly growth than just extracting the most recent increase. It’s also important to understand the context around the MoM metric so you can use it effectively. For example, knowing how to interpret and present Month-over-Month growth is particularly valuable for raising capital. Investors expect to see growth metrics and projections, and monthly breakdowns are appropriate when your company is very new. In this article, I’ll provide: Every formula needed to calculate Month-over-Month growth. A demonstration...
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