Apple doubled business in India, lost $6 billion to chip shortage and manufacturing disruptions in Q4: Tim Cook

Apple Inc’s September quarter revenue rose 29 per cent on year to $83.4 billion—a record for the quarter—on the back of strong growth in emerging markets. CEO Tim Cook said that Apple achieved double-digit growth across the board, with particularly strong showing in India and Vietnam.

“Apple set quarterly records in every geographic segment with strong double-digit growth across the board,” Cook said during a post-earnings call Friday, adding “during fiscal 2021, we earned nearly one-third of our revenue from emerging markets and doubled our business in India and Vietnam.”