Apple’s India Expansion and Stellar Q3 Performance Confirmed
ollowing a robust third quarter, Apple CEO Tim Cook has announced plans to open additional retail stores in India later this year, reinforcing the country's strategic importance as a high-growth market.
The announcement came during Apple’s recent earnings call, where the company reported impressive financial results for the April-June quarter. Global revenue reached $94.04 billion, an increase of nearly 10% year-over-year. This performance was driven by a 13% surge in iPhone revenue, a 15% increase in Mac sales, and a 13% growth in its services segment.
Building on this momentum, Apple is set to expand its physical presence in India. “We couldn’t be more excited to open new stores in the UAE and India later this year,” Cook stated, confirming the company’s commitment to the region.
This expansion follows the successful launch of Apple’s first two Indian stores in 2023 in Mumbai (Apple BKC) and Delhi (Apple Saket). While specific details for the new stores were not disclosed by Cook, reports indicate potential new outlets in:
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Mumbai: Sky City Mall, Borivali
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Bengaluru: Phoenix Mall of Asia, Yelahanka
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Pune: Kopa Mall
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Noida: DLF Mall of India
The new stores will offer Indian customers more opportunities to experience Apple’s complete product lineup, including iPhones, iPads, Macs, and Apple Watches, further strengthening the company’s direct-to-consumer channel in one of its fastest-growing markets.
