# Surging iPhone Sales Drive Apple to Record Indian Revenue as Global Smartphone Intake Hits $57.6 Billion

> Apple achieved its highest-ever quarterly revenue in India during the July-September period, powered by unprecedented iPhone upgrades and strong momentum across its Mac and Services divisions.

**Type:** article · **Category:** Business · **Published:** 2026-11-03 · **Source:** TrendKia
**Canonical:** https://trendkia.com/en/business/iphone-ki-rikorda-bikri-se-apple-ki-bharata-men-aitihasika-kamai-globala-revenyu-57-6-araba-dolara-pahuncha-55890 · **Language:** English
**Tags:** Apple, iPhone, Apple Pay, Mac, Axis Bank, John Ternus, Kevan Parekh, Business News

Technology giant Apple has posted its highest-ever revenue in India for the July-September quarter, driven by unprecedented device upgrades and record contributions from its computing and subscription businesses. Customer numbers switching to current iPhone models reached an all-time peak in the country during this timeframe. Discussing the quarterly earnings, Apple CEO John Ternus noted that operational and financial performance remained exceptionally robust across multiple geographies, with India demonstrating standout expansion during the quarter ending in September.

## India Leads Wave of Smartphone Upgrades Across Global Markets
Ternus stated that the company established fresh revenue milestones across the Americas, Europe, Greater China, and the broader Asia-Pacific region during the second quarter. Both mature and developing economies turned in record results, with India delivering its largest financial intake to date. A critical driver in the Indian market was the unprecedented volume of consumers replacing older smartphones with the latest iPhone iterations. This strong domestic consumer momentum directly helped the company record its largest pool of upgraders on a worldwide scale for the entire fiscal year.

## Global iPhone Receipts Climb to $57.6 Billion Despite Foreign Exchange Headwinds
On a worldwide scale, iPhone revenue expanded by 17 percent year-over-year in the second quarter to reach 57.6 billion dollars. This double-digit expansion came even as the hardware maker navigated supply-chain constraints and unfavorable foreign currency fluctuations across international territories. According to Ternus, the company posted double-digit gains in both the United States and Greater China. Overall consumer additions for new iPhone hardware touched record highs across India, China, and the United States throughout the September quarter.

## Launch of Apple Pay in India Through Axis Bank Partnership
Alongside hardware sales, the tech company advanced its financial ecosystem in South Asia by introducing its proprietary mobile wallet infrastructure. Apple recently rolled out its payment service Apple Pay in India in collaboration with Axis Bank. Following this rollout, the contactless payment mechanism has expanded its footprint to operate across more than 90 markets globally, providing users with unified mobile transaction options.

## Mac Computing Division and Services Ecosystem Post Unprecedented Numbers
Detailing the division-wise metrics, Chief Financial Officer (CFO) Kevan Parekh highlighted that the Mac hardware line jumped 24 percent to reach 10.8 billion dollars in global revenue. The Mac segment established all-time revenue records in both India and Southeast Asia. Parekh added that the Services business similarly reached its highest revenue benchmark in the Indian market. Globally, Apple's Services arm rose 10 percent to bring in 31.6 billion dollars, with emerging regions such as India and Latin America establishing historic records across their subscriber ecosystems.

## What this means for you
Apple's unprecedented growth and services expansion in India directly influence consumer tech adoption and digital payments.

- **For Indian consumers:** Record numbers of buyers upgraded from older devices to newer iPhone editions during the quarter. Axis Bank customers can now use Apple Pay for swift, tokenized contactless transactions right from their personal devices.
- **For the domestic computing market:** Revenue from Mac hardware surged to record levels across India and Southeast Asia. This indicates an accelerating shift among Indian professionals and creators toward premium personal computing systems.
- **For global financial markets:** Global smartphone receipts rose 17 percent to 57.6 billion dollars despite unfavorable currency shifts. The resilience demonstrates sustained demand for premium electronics even amid broader macroeconomic turbulence.
- **For local banking infrastructure:** Partnering with Axis Bank integrates Apple's secure wallet ecosystem directly into India's financial sector. This collaboration opens the door for broader domestic banking integrations in the digital payments arena.

## Why this happened
Apple's historic revenue performance in India and across the world was powered by specific consumer trends and operational moves.

- **Unprecedented device upgrade cycle:** A record wave of users across India, the United States, and Greater China replaced older hardware with current iPhone models. This surge provided substantial volume growth across emerging and mature markets alike.
- **Double-digit growth across product divisions:** Revenue was not driven solely by smartphones, as the Mac computing line jumped 24 percent globally. Concurrently, high-margin Services expanded by 10 percent to reach 31.6 billion dollars worldwide.
- **Strategic ecosystem expansion:** Apple rolled out Apple Pay in India in partnership with Axis Bank, bringing its mobile payment service to over 90 international markets and deepening integration with domestic bank customers.

## Questions & Answers

### 1. What financial milestone did Apple achieve in India during the July-September quarter?
Apple recorded its highest-ever quarterly revenue in India, supported by all-time high earnings from both its Mac and Services businesses.

### 2. What was Apple's global revenue from iPhone sales?
Global iPhone revenue grew 17 percent year-over-year in the second quarter to reach 57.6 billion dollars.

### 3. What payment initiative did Apple introduce in India?
Apple launched its Apple Pay payment service in India through an official partnership with Axis Bank.

### 4. How did the Mac personal computer segment perform?
Worldwide Mac revenue increased by 24 percent to 10.8 billion dollars, setting historic records in India and Southeast Asia.

### 5. What were the earnings figures for Apple's Services division?
The global Services arm grew 10 percent to 31.6 billion dollars, while also hitting an all-time revenue record in India.

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