Apple clocks record growth in India, set to open Apple Store in Bengaluru soon

Besides Bengaluru, Apple plans to open three more physical stores in Pune, Delhi-NCR and Mumbai later this year.

Apple has announced financial results for its fiscal 2025 third quarter ending on June 28, 2025. Beating market expectations of $89.3 billion, the Cupertino-based tech major logged all-time quarterly revenue of $94.0 billion. That's 10 per cent more compared to the previous year in the same period.

The iPhone, Mac and services contributed to the double-digit growth for Apple in India and other global markets.

The revenue from iPhone grew a strong 13 per cent year-over-year. Even Mac continued to see excellent growth with 15 per cent year-over-year. Apple also set another all-time revenue record in Services, which grew 13 per cent with double-digit growth in both developed and emerging markets such as the US, Canada, Latin America, Western Europe, the Middle East and Southeast Asia.

“Today, Apple is proud to report a June quarter revenue record with double-digit growth in iPhone, Mac and Services and growth around the world, in every geographic segment. At WWDC25, we were excited to introduce a beautiful new software design that extends across all of our platforms, and we announced even more great Apple Intelligence features.”

Tim Cook, Apple’s CEO.

However, iPad and Wearables & Home category devices saw modest declines of 8.1 per cent and 8.6 per cent, respectively.

On the brighter side, Tim Cook revealed that Apple recently shipped the three billionth iPhone since its launch in 2007. It can be noted that the company reached the first billionth iPhone in 2016, almost a decade after the first generation model hit stores.

The 2nd billionth iPhone shipped in 2021, and within four years, it has reached the three billionth milestone.

The improvements in Apple's Intelligence features on its devices will decide how soon Apple will ship the next billionth iPhone.

Also, the new Liquid Glass UI of iOS 26 has garnered good response from the developers and public beta software testers. And, with the iPhone 17 series expected to see big radical design changes, it will drive more revenue for the company in the next quarter.

While big markets like China and the US begin to show signs of saturation of iPhone penetration, Apple is increasingly investing more in India, the world's fastest-growing and the second biggest market.

It already runs an online store along with an Apple Store mobile app, which complements two physical stores in Bandra Kurla Complex (in Mumbai) and Saket (in Delhi).

To further enhance the user experience on its online store, Apple earlier this week launched the 'Shop with a Specialist over Video' service in India.

Apple's online and physical stores are clocking in big revenues with a strong double-digit growth. In the fiscal year 2024, Apple India's revenue rose 36 per cent to Rs 67,122 crore.

Apple has plans to open a new Apple Store in Bengaluru as early as September, along with three other physical stores in Pune, Delhi-NCR and Mumbai later this year.

Get the latest news on new launches, gadget reviews, apps, cybersecurity, and more on personal technology only on DH Tech.