Apple Posts Record India Revenue in Q4 FY26 Driven by iPhones

3 Nov 2026, 2:14 pm · 1h ago · 1 min read · Analytics India MagazineNew

Apple reported its highest-ever quarterly revenue in India for Q4 FY26, driven by strong iPhone upgrades, Mac sales, and services expansion. CEO John Ternus and CFO Kevan Parekh confirmed the milestone, noting that the MacBook Neo and MacBook Pro saw record sales, while average selling prices for iPhones in India crossed $1,000. Counterpoint Research reported that initial iPhone 18 Pro sales rose nearly 20% compared to previous launch cycles. Simultaneously, Apple’s local manufacturing footprint expanded, exporting $13.2 billion in iPhones between April and August, representing 82% of total Indian smartphone exports.