Apple reports record growth in India, worldwide

Due to pandemic-induced lockdown worldwide in the first half of 2020, Apple had to reschedule product launches and had spread them to three separate events in September, October, and November, to unveil a new line of iPads, Watch, iPhone 12 series, and M1-powered Mac.

Despite the challenges, Apple has managed to pull off an impressive double-digit revenue growth in all categories of products and services worldwide and also in India.

Apple reported all-time record revenue of $111.4 billion, up 21 percent year over year growth and quarterly earnings per diluted share of $1.68, up 35 percent. International sales accounted for 64 percent of the quarter’s revenue.

Backed by the fantastic consumer response to the iPhone 12 series, Apple recorded 17% YoY growth. Also, iPad and Mac grew by impressive 41% and 21%, respectively.