Apple Inc.’s Chief Executive Tim Cook On Thursday Said That The Company Achieved Strong Double Digits Growth To Report Record Revenue In India For The June Quarter. We Also Opened Our First Two Retail Stores During The Quarter. And It’s, Of Course, Early Going Currently, But They’re Currently Beating Our Expectations In Terms Of How They’re Doing. We Continue To Work On Building Out The Channel And Putting More Investment In Our Direct-To-Consumer Offers, Cook Said In A Post-Earnings Call With Investors. The Company’s Quarterly Revenue Record Comes Amid A Period Of Sustained Growth In The Country. Apple’s Primary Revenue Driver, The Iphone, Has Seen A Steady Increase In The Number Of Units Shipped In The Past Three Years.
17 Aug 2023While iPhone revenue dropped 9%, overall sales rose and the company forecast more top-line growth for the key holiday periodServices, accessory revenue jumped to records as users bought apps for their existing iPhones, attached wearable devices and subscribed to services like Apple Music, iCloud storage
3 min read31 Oct 2019The hiring pullback won't affect plans to open new offices in Austin, Texas, nor expand in the Los Angeles area, where Apple is building out its original video content team, Tim Cook also said
2 min read18 Jan 2019When I asked my mom what would get her to upgrade to a newer iPhone, she said she might do it if a new, killer feature came along, or if her favourite apps no longer worked. But in the end, she admitted that wasn't likely
5 min read10 Jan 2019Apple is cutting planned production for its three new iPhone models by about 10% for the March quarter, a week after the company slashed its quarterly sales forecast
1 min read9 Jan 2019Apple on Wednesday cut its revenue outlook for the first time in almost two decades, citing weaker demand in China. A big question is how much of Apple's problems can be blamed on China's economy versus Chinese consumers' preference for home-grown brands
5 min read6 Jan 2019Apple said on Jan 2. that China sales came in lower than expected in the holiday quarter when it slashed its revenue outlook for the first time in almost two decades
1 min read5 Jan 2019If Chinese consumers are cutting back on iPhones, Louis Vuitton handbags could be next
1 min read5 Jan 2019Apple said demand for iPhones is waning and revenue for the last quarter of 2018 will fall well below projections, a decrease traced mainly to China.
4 min read4 Jan 2019Apple is the latest to be hit by the slowdown in China, and joins a roll-call that includes the likes of FedEx, Starbucks and Tiffany's
1 min read19 Jan 2019The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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