iPhone was top selling model in India in Oct-Dec, it is a huge mkt: Apple CEO

PTI NEW delhi

Apple is very keen on India where it has seen record business during the December quarter with iPhone emerging as the top-selling smartphone model, a top company official said on Friday. During the company's earnings call, Apple CEO Tim Cook said India offers a huge growth opportunity for the company.

"We have had great results in the emerging market. I am particularly keen on India. India has set a December quarter record. iPhone was top selling in India for the quarter. It is the second-largest smartphone market in the world and third largest for PCs and tablets. So there is a huge market," he said. 

"We have a very modest share in these markets. I think there are lot of upsides there...," Cook said. He said the company has announced plans to open more Apple stores in India.

According to Counterpoint Research, Apple led the India market in 2024 with 23 per cent share in terms of value of total smartphones supplied in the country. In the December quarter, Apple had 11 per cent share in the Indian smartphone market. Cook said Apple is expanding Apple Intelligence and will launch a localised English version in India in April.

On financial performance during the December quarter, Cook said Apple has registered an all-time record revenue of USD 124.3 billion, up about 4 per cent on a year-on-year (YoY) basis.