Oct. 8 at 5:10 AM
⭐️Apple’s India iPhone exports hit record
$10 billion in first half of FY25: Report
- Growth Rates: Exports surged 75% year-on-year from
$5.71 billion in the same period last year.
- September Performance: Exports hit
$1.25 billion in September, more than double the
$490 million from the previous year.
- Overall FY25 Production: Apple produced
$22 billion worth of iPhones in India, with 80% (
$17.5 billion) exported.
- Historical Comparison: Production has risen sharply from
$2 billion in FY22.
- Future Projections: Aiming for over 10% growth in iPhone shipments in 2026.
- Market Demand: Growth despite strong domestic demand for the new iPhone 17 series; exports typically rise from September due to new models and holiday season.
$AAPL $NASDAQ $NIFTY50.NSE
$ASK.P