Archive · 2 Aug 2026
Apple Posts Record June Quarter Revenue, India Leads Growth
Apple made a lot of money in the June quarter, earning $109.4 billion.
This was the best quarter ever for the company, especially in India.
The Mac computers sold a lot, especially the new MacBook Neo.
People also kept buying iPhones, even though there were some supply problems.
Experts think Apple will keep growing in India next year, maybe raising iPhone prices a bit.
Apple reported $109.4 billion revenue, up 16% YoY, with a record quarter in India.
Mac sales reached $10.4 billion globally, a new June‑quarter record driven by MacBook Neo and Pro.
India saw record revenue, led by MacBook Neo uptake and strong iPhone 17 demand despite supply constraints.
Gross margin was 50.1% and diluted EPS $2.02, both up 16% and 29% respectively, helped by tariff refunds.
Analysts expect single‑digit volume but double‑digit value growth in India for CY 2026, with a possible iPhone price hike.
- Who
- Apple Inc.
- What
- Record revenue quarter with strong performance in India
- When
- June quarter 2024
- Where
- India and worldwide
- Why
- Strong MacBook Neo and iPhone 17 demand despite supply constraints
- Total Revenue
- $109.4 billion
- Gross Margin
- 50.1%
- Diluted EPS
- $2.02
- Mac Revenue
- $10.4 billion
- India Revenue
- Record quarter