Apple doubled business in India, helped by strong sales of iPhone in Q4 2021

More Indians are buying iPhones than ever before, helping Apple increase its footprint in the world’s second-most populous country. In fact, Apple has doubled its business in India in fiscal 2021, which shows how important emerging markets have become for the Cupertino giant in the long run.

“We set quarterly records in every geographic segment with strong double-digit growth across the board” and that during fiscal 2021, we earned nearly one-third of our revenue from emerging markets” and “doubled our business in India and Vietnam,” Apple CEO Tim Cook said in a call with analysts as the company reported results for the fourth quarter of its fiscal 2021.