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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Vinod Tawde seeks apology from Kharge, Rahul through legal notice, warns of defamation lawsuit
Cash-for-vote row
New Delhi, Nov 22: BJP leader Vinod Tawde has demanded an apology from Congress president Mallikarjun Kharge and the Leader of Opposition in Lok Sabha Rahul Gandhi for making "false and baseless" allegations against him in the cash-for-votes incident in Maharashtra, saying if they don't he would sue them for defamation.
Tawde was accused by Bahujan Vikas Aghadi, a regional party, of distributing Rs 5 crore to woo voters, with its members barging into a hotel room on November 19 in a Mumbai suburb, where the BJP leader was present.
The former Maharashtra minister and BJP national general secretary claimed innocence, saying the alleged amount was not recovered in the probe by the Election Commission and police.
"The Congress only believes in spreading lies, and this incident is a proof of the party's low level politics to dent me and my party's image," Tawde said.
The two Congress leaders and the party spokesperson Supriya Shrinate seized on the row to accuse the BJP of using money power to influence the November 20 assembly polls in the state.
The legal notice sent to the three claimed that they were aware that they were pushing a "totally false story fabricated" by them.
"You all have deliberately, mischievously with the sole intention of damaging the reputation of our client intentionally fabricated the story distribution of money. You all have published false, baseless allegations against our client on various media for tarnishing his image in the eyes of right thinking people in the society," the notice read.
The Congress leaders were in a "great hurry" to damage Tawde's reputation, they did not bother to check the fact and or despite knowing the entire fact they made the false, baseless allegations, it said.
"The entire imputation made by you all are totally false, baseless, malicious and mala fide and as our client is in no way involved in any such illegal activity and as a responsible office bearer of the national political party he is aware of his duties," it added.
The notice demanded an "unconditional apology" to Tawde within 24 hours from the time the receipt of the notice, which was sent on November 21, and published in newspapers and X.
If they do not offer apology, then Tawde will initiate criminal proceedings under Section 356, which covers defamation, of the Bharatiya Nyaya Sanhita and also civil proceedings for the damages of Rs 100 crore against the three Congress leaders, the notice said.
