Apple sets record revenue in India, iPad sales soar in September quarter
New Delhi: Tech giant Apple has achieved an all-time revenue record in India, marking a double-digit growth in iPad sales during the September 2024 quarter, as reported by senior company officials. The company's total net sales globally grew by over 6% to $94.93 billion, up from $89.49 billion in the same period last year.
Apple CEO Tim Cook highlighted that the September quarter was successful across multiple regions, with record sales in the Americas, Europe, and parts of Asia-Pacific. He noted strong sales performance in countries such as the United States, Brazil, Mexico, the UK, and India, where Apple witnessed an unprecedented revenue spike. Cook also mentioned the recent opening of two new stores in India, located in Mumbai and Delhi, and announced plans for four additional stores in Pune, Bengaluru, Delhi-NCR, and Mumbai.
According to Counterpoint Research, Apple's iPhone held a 21.6% market share in India for the September 2024 quarter, placing it just behind Samsung. Product sales rose by 4.12% to $69.95 billion year-on-year (YoY), with iPhone sales up 5.5% to $46.22 billion. Service revenue saw a notable 12% growth, reaching an all-time high of $24.97 billion.
iPad sales in India were especially strong, increasing by approximately 8% YoY to $6.95 billion, with double-digit growth noted in emerging markets like Mexico, Brazil, and the Middle East, said Luca Maestri, Apple’s Senior Vice President and Chief Financial Officer.
Despite Apple’s global growth, sales in China remained flat for the quarter and declined by 8% annually. While annual product sales dropped slightly by 2% to $185.23 billion, services revenue rose marginally.
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Former Minister Manohar Tahsildar passes away in Haveri
Haveri: Former Karnataka minister Manohar Tahsildar (80) passed away late Wednesday night at a private hospital in Bengaluru. He had been battling a prolonged illness and was undergoing treatment at Shankar Hospital in Chamarajpet.
Tahsildar is survived by four sons, two daughters, and a large family. A member of the Balija community, he held a BE in Mechanical Engineering. First elected to the Karnataka Legislative Assembly from the Hanagal constituency in 1978, he went on to win again in 1989, 1999, and 2013.
During S.M. Krishna’s tenure as Chief Minister, Tahsildar served as the Deputy Speaker of the Assembly. In 2015, he held the Excise portfolio in the Congress government. However, discontent over not receiving a ticket in the last Assembly elections led him to leave Congress and join the JD(S). Later, during the Lok Sabha elections, he switched to the BJP.
The mortal remains of Manohar Tahsildar will be kept for public viewing at NCJC College in Hanagal town today from 12 noon. Following this, the final rites will be conducted on his family farm in Akkiholi village.
