In the fiscal year ended September, Apple doubled its business in India

 Technology primary Apple earned almost one-third of its sales from rising markets and doubled its enterprise in India and Vietnam in monetary 2021, according to its CEO Tim Cook stated.


Apple posted a 29 consistent with cent yr-on-yr increase in revenue at USD eighty three.4 billion in the fourth quarter ended September 25, 2021. Its net earnings stood at USD 20.Fifty five billion inside the stated zone as towards USD 12.67 billion within the yr-in the past length.


Its overall net sales stood at USD 365.8 billion at some point of the fiscal ended September 2021.


"And we set quarterly statistics in each geographic phase with sturdy double-digit boom across the board. During financial 2021, we earned nearly one-third of our revenue from emerging markets and doubled our business in India and Vietnam," Cook stated.


He added that Apple is "optimistic approximately the destiny, particularly as we see robust call for for our new merchandise".


According to Counterpoint Research, Apple changed into the best developing brand inside the September 2021 quarter in India with 212 in keeping with cent y-o-y boom and led the top class cellphone market (above Rs 30,000) with a forty four in keeping with cent share.


The emblem maintained its leading role within the ultra-top rate segment (above Rs 45,000 or USD 650) with a seventy four per cent percentage, Counterpoint stated.


Strong demand for the iPhone 12 and iPhone 11 had been the predominant elements in Apple's increase and the agency have become the pinnacle 5G telephone logo in the top class segment for the first time, it delivered.


In a announcement, Apple stated this year, it launched its most powerful merchandise ever -- from M1-powered Macs to an iPhone thirteen lineup -- that is putting a new standard for overall performance and empowering customers to create and join in new ways.


Apple CFO Luca Maestri stated the "report September quarter effects capped off a incredible financial yr of sturdy double-digit increase, at some point of which we set new revenue records in all of our geographic segments and product categories regardless of persisted uncertainty inside the macro surroundings".


The aggregate of Apple's document income performance, purchaser loyalty and energy of its atmosphere drove its energetic mounted base of gadgets to a brand new all-time high, he brought.


"During the September area, we returned over USD 24 billion to our shareholders, as we maintain to make development in the direction of our intention of attaining a net cash neutral role over time," Maestri said.


IPhone sales stood at USD 38.Eight billion whilst that of Mac turned into at USD nine.1 billion, iPad at USD eight.2 billion, Wearables, Home and Accessories at USD eight.7 billion and offerings become at USD 18.2 billion throughout the September area.

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