Top News

Apple's annual sales in India have crossed $10 billion for the first time, driven by record iPhone shipments, growing retail presence, and a shift in global manufacturing toward the country.

In a big milestone, Apple has surpassed $10 billion in annual sales in India for the first time, marking a milestone in the company's push to grow its footprint in one of the world's most price-sensitive smartphone markets.

Revenue growth over the year

Apple exceeded $10 billion in annual sales in India for the first time in its last fiscal year, according to Bloomberg, underscoring surging demand for its devices in a market where it has been steadily expanding its retail network. Revenue grew at a double-digit percentage rate in the 12 months through March from about $9 billion a year earlier, according to a person familiar with the matter who was not identified because the information is private. Apple's iPhones accounted for a significant majority of the sales, while demand for iPads and MacBooks also rose, according to the same person.

In rupee terms, industry sources cited by YourStory pegged the number close to Rs 1 lakh crore, up from about Rs 79,000 crore in the financial year 2025, with iPhone shipments growing 24 percent year-on-year. According to research firm Counterpoint, Apple's iPhone shipments in India for FY26 grew to 14 million units, a 24 percent increase year-on-year. Counterpoint's Neil Shah said India has emerged as a cornerstone growth market for Apple, driven by rapid iPhone adoption as mature smartphone users trade up to premium devices.