Apple Achieves Record Revenue in India as Mac Sales and Services Hit All-Time Highs

In Q4 FY26, Apple announced record-breaking revenue in India, driven by record-breaking sales of iPhones, Macs, and services. The company also set a new quarterly revenue record for September. During the earnings call, CEO John Ternus also mentioned that the business had a record-high number of iPhone upgraders in India during the September quarter.

Revenue for the quarter ending September 26th for Apple was $114.5 billion, an increase of 12% year over year, and consolidated net profit was $30.7 billion, an increase of 11.8%. The company smashed records for the September quarter in India, as well as in developed and emerging regions, according to Ternus.

Apple’s Global Performance Witnesses Vibrant Colours

Up 17% year-over-year, Apple's worldwide iPhone sales hit $57.6 billion. Sales of iPhone upgrades hit record highs in the United States and mainland China in the third quarter, joining India in this regard. According to CFO Kevan Parekh, who cited a recent Worldpanel poll, buyers in India, the United States, urban China, the United Kingdom, Germany, Australia, and Japan favoured the iPhone over other brands.

Mac sales reached $10.8 billion, a 24% year-over-year rise. Developed and emerging countries alike saw double-digit growth for the company, with India and Southeast Asia seeing record-high revenue. According to Parekh, Apple experienced record-breaking growth in emerging regions like India and Southeast Asia, as well as double-digit growth in developed markets overall. The number of first-time Mac buyers also hit a quarterly high for Apple in September. Its services division achieved record global revenue of $31.6 Bn, an increase of 10% year-on-year. Record highs were recorded in the majority of the areas it tracks, including Latin America and India.

Apple Pay Comes to India

 Apple has finally launched Apple Pay in India, after years of navigating the country's regulatory landscape, and Axis Bank is the first financial partner. Soon, Mac users will be able to use the tap-to-pay feature alongside their iPhone, iPad, and Apple Watch. At the moment, Apple Pay is only available to users whose Visa or Mastercard was issued by Axis Bank. With this card, users can use it to make in-store and online purchases across India and anyplace else that accepts NFC payments.

According to Tarun Pathak, research director of Counterpoint Research, Apple's ecosystem in India will be strengthened with the launch of Apple Pay. In addition, it expands its services to the third-largest iPhone market in the world. According to Counterpoint's customer satisfaction surveys, Apple Pay is one of the most well-liked Apple services. According to Pathak, this demonstrates the significant contribution it makes to the environment as a whole.