Apple’s CEO Tim Cook said that iPhone sales in India were up 50% year-on-year during an analyst call for the quarter ended September 24, 2016 (Q4FY16). However, Cook did not give out absolute numbers in terms of units which were sold.
In the previous quarter (Q3FY16), iPhone sales in India grew by 51%. Cook added that “We experienced strong iPhone growth in many markets around the world, including India, Canada, Latin America & South Asia (among others).”
Note that the company has partnered with Reliance Jio to offer a free year of service to iPhone buyers in India. Cook said that, “Looking ahead, we’re seeing some very exciting developments in India. Reliance Jio is rolling out a first of its kind all-IP network in India with 4G coverage in 18,000 cities and 200,000 villages across the country. We’re partnering with them to ensure great iPhone performance on their network.”
Replying to a question if the Indian market for iPhones will be as big as China, Cook said that “The smartphone has not done as well in India in general. However, one of the key reasons for that is the infrastructure hasn’t been there. But this year or this year and next year, there are enormous investments going in on 4G and we couldn’t be more excited about that because it really takes a great network working with iPhone to produce that great experience for people,”
He added that “Will it be as big as China? I think it’s clear that the population of India will exceed China sometime in probably the next decade or so, maybe less than that. I think it will take longer for the GDP to rival it, but that’s not critical for us to have a great success there. There’s going to be a lot of people there and a lot of people in the middle class that will really want a smartphone, and I think we can compete well for some percentage of those.”
Revenues from Apple’s Internet-based services like Apple Care, Apple Pay, licensing revenues, and other services stood at $6.3 billion, which grew by 24% y-o-y. Under services, Apple mentions that “Music revenue grew by 22% thanks to the growing popularity of Apple Music & Apple Pay transactions were up nearly 500% year-on-year for the September quarter.”
Globally, iPhone sales have improved marginally. The company sold 45.5 million units in this quarter, up 12.6% from 40.4 million in the previous quarter. In the same quarter last year, Apple had sold 48 million phones. Revenues from iPhone sales stood at $28.1 billion, which contributed to a majority of the overall revenue.
Revenues from iPhone sales were also down by 12.7% from $32.2 billion in the same quarter last year, although increased by 17% compared to $24 billion in the previous quarter. The company said iPhone sales were up y-o-y in 33 of its top 40 markets.
iPad, Mac & other devices:
Apple sold 9.3 million units of iPad globally this quarter, down5% from 9.8 units in the same quarter last year. In the previous quarter, Apple sold 9.9 million iPads. Overall, it reported revenues of $4.25 million from iPad sales this quarter, steady from $4.27 million in the same quarter last year. In the preceding quarter, revenues from iPad sales stood at $4.8 million.
Apple sold 4.9 million Mac units in this quarter, generating revenues of $5.7 million. However, sales of Mac units dropped by 14% from 5.7 million units in the same quarter last year (Q4FY15), while Mac sales were up 15% when compared to 4.2 million units in the previous quarter (Q3FY16).
CEO Tim Cook also mentioned upcoming HomeKit devices, “The Home app in iOS 10 is making home automation easy to set up and intuitive to use. Customers can easily set up and securely control all their HomeKit accessories, from lights and cameras to the garage doors and air conditioners, all from their favorite iOS devices. We expect over 100 HomeKit-compatible products to be on the market by the end of this year, all reviewed and approved by Apple to help ensure customer security when using them.”
Globally, Apple posted a net profit of $9 billion for Q4FY16 and generated revenues of $46.8 billion, which is down 9% from $51.5 billion in the same quarter last year. In the previous quarter (Q3FY16), the company posted total revenues of $42.3 billion.