Apple’s India iPhone business outpaces individual EU countries, Morgan Stanley says

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  • February 23, 2024

Apple’s long-term bet on India is beginning to pay dividends. The company’s revenue in India jumped 42% year-on-year in 2023 to $8.7 billion, Morgan Stanley wrote in a note on Friday. The iPhone shipments in India grew 39% year-on-year in 2023 to 9.2 million units, making it iPhone’s fifth largest smartphone market. India’s iPhone business […]

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Source : Apple’s India iPhone business outpaces individual EU countries, Morgan Stanley says