Apple rakes in $394 billion in revenue, India scores all-time revenue record

Apple CEO Tim Cook Thursday said the company’s $90.1 billion September quarter record revenue was powered by a strong performance in emerging markets like India, where it also set an all-time revenue record.

“Across nearly every geographic segment, we reached a new revenue record for the quarter and we continue to perform incredibly well in emerging markets with very strong double digit growth in India, South East Asia and Latin America,” Cook said in his earning call with analysts.

Apple’s fourth quarter revenue of $90.1 billion was up 8 per cent year-over-year, while the annual revenue of $394.3 billion was also up by the same percentage compared to the year before.