Apple reported an all-time revenue record in India in Q4 FY26, with its iPhone business setting a September quarter revenue record and Mac and services revenue reaching new highs.
The company also recorded a September quarter high for iPhone upgraders in India, CEO John Ternus said during its earnings call.
Globally, Apple’s revenue rose 12% YoY to $114.5 Bn in the quarter ended September 26, while consolidated net profit increased 11.8% to $30.7 Bn.
“We also set September quarter revenue records in both developed and emerging markets, in addition to an all-time record in India,” Ternus said.
Apple’s global iPhone revenue rose 17% YoY to $57.6 Bn. Alongside India, the company recorded September quarter highs for iPhone upgraders globally, in the US, and in mainland China.
Citing a recent Worldpanel survey, CFO Kevan Parekh said iPhone was among the top-selling smartphone models in India, the US, urban China, the UK, Germany, Australia, and Japan.
Mac revenue increased 24% YoY to $10.8 Bn globally. The business recorded double-digit growth across developed and emerging markets, with all-time revenue highs in India and Southeast Asia.
“We saw double-digit growth in both developed and emerging markets, with all-time records in markets like India and Southeast Asia,” Parekh said.
Apple also recorded a September quarter high for customers buying a Mac for the first time.
Its services business posted record global revenue of $31.6 Bn, up 10% YoY, with all-time highs across most markets it tracks, including India and Latin America.
Apple expanded its services offering in India with the launch of Apple Pay on September 30, with Axis Bank as its first banking partner.
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