iPhone maker Apple announced that it has recorded an all-time high revenue in India of $102.5 billion on the back of high iPhone sales in the September quarter. 

“We also set a September quarter revenue record in emerging markets and an all-time revenue record in India,” said Tim Cook, CEO, Apple, during the earnings call. 

Cook noted that the sales numbers in India were driven by the new iPhone 17 line, while the opening of two new stores—in Pune and Bengaluru also contributed to the momentum. 

As per data from IDC, Apple maintained its strong performance, with shipments growing 21.5% YoY to 5.9 million units in the first half of 2025. The iPhone 16 was the highest-shipped model across India in 1H25, making up 4% of overall India shipments during that period. 

In the post-earnings call, Cook said that most emerging markets reflected this growth. “We grew in the vast majority of markets we track and had September quarter revenue records in dozens of markets, including the US, Canada, Latin America, Western Europe, the Middle East, Japan, Korea, and South Asia,” he said.

Cook was optimistic about the upcoming holiday season, saying that the new lineup would contribute in the upward momentum. “In September, we were thrilled to launch our best iPhone lineup ever, including iPhone 17, iPhone 17 Pro and Pro Max, and iPhone Air. In addition, we launched the fantastic AirPods Pro 3 and the all-new Apple Watch lineup. When combined with the recently announced MacBook Pro and iPad Pro with the powerhouse M5 chip, we are excited to be sharing our most extraordinary lineup of products as we head into the holiday season.”

As per its statement, Apple posted quarterly revenue of $102.5 billion, up 8% year over year. Diluted earnings per share was $1.85, up 13% year over year on an adjusted basis. 

“Our September quarter results capped off a record fiscal year, with revenue reaching $416 billion, as well as double-digit EPS growth,” said Kevan Parekh, Apple’s CFO. He also attributes this growth to customer satisfaction and loyalty. 

The company, which recently joined the $4-trillion club in terms of market cap, has decided a cash dividend of $0.26 per share, and is payable on November 13.