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Apple posts double digit India growth as global smartphone demand slumps under pressure
Business
Published on 2 May 2026

Tim Cook credits aspirational iPhone pull
Apple CEO Tim Cook said the company is seeing strong double digit growth in India for iPhones, iPads and Macs, even as the broader Indian smartphone market declines. He pointed to Apple’s growing aspirational appeal that is drawing new users into its ecosystem. Apple is also working through higher memory chip costs while maintaining momentum in one of its key growth regions.
- Apple reports strong double digit growth in India
- Performance holds up despite smartphone market downturn
- Cook cites growing aspirational pull into Apple’s ecosystem
- Higher memory chip costs add pressure behind the scenes
Read the full story at The Economic Times
This summarization was done by Beige for a story published on
The Economic Times
