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The Apple CEO said Apple saw a “terrific” quarter in India in Q1 FY26, posting record revenue through sale of iPhone, Mac and iPad, as well as sale of services

Tim Cook said Apple saw “strong double-digit revenue” growth in India during the December quarter of 2025

The tech giant, which opened its fifth store in India in December in Noida, is looking to open another store in Mumbai soon

India, which is the second largest smartphone market and fourth largest PC market in the world, provides a “huge opportunity” for Apple, CEO Tim Cook said.

In a post-earnings call, Cook said Apple saw a “terrific” quarter in India in Q1 FY26, posting record revenue through sale of iPhone, Mac and iPad, as well as sale of services.

He said that the company saw “strong double-digit revenue” growth in India during the quarter. The tech giant, which opened its fifth store in India in December in Noida, is looking to open another store in Mumbai soon, Cook added.

“Despite a very nice growth history, we have a modest share there (India). The majority of customers that are buying iPhones, Mac, iPad, and watch are all new to that product. And so it speaks very well to the opportunity there,” Cook added.

Apple CFO and senior vice president Kevan Parekh said that iPhone India revenue hit a record during the month of December. “The iPhone active installed base grew to an all-time high and set a new all-time record for upgraders in aggregate and across many countries, including the US, China Mainland, Japan, and India,” he added.

Overall, Apple claimed to have recorded the best ever quarter with a revenue of $143.8 Bn in Q1 FY26, up 16% YoY. Meanwhile, iPhone revenue jumped 23% YoY To $85.3 Bn.

This comes at a time when India has emerged as a key manufacturing destination for the iPhone maker. While Apple is ramping up its manufacturing in India through its contract manufacturers, the company is also making efforts to increase its market share in India.

In FY25, Apple India saw a 16% jump in net profit to INR 3,196 Cr from INR 2,745.7 Cr in the year ago fiscal, on the back of strong top line growth. The company clocked a 19% increase in operating revenue to INR 79,060.5 Cr during the year from INR 66,727.7 Cr in FY24.

The US-based company is also pushing new products and services in the country. For instance,  it is mulling launching its digital payments service, Apple Pay, in India by late-2026.

Apple Pay will focus on card-based contactless payments. This will allow users to add their cards to Apple Wallet and pay by tapping their iPhone or Apple Watch on NFC-enabled machines. As of now, cards issued in India cannot be added to Apple Wallet.