Apple To Open More Retail Stores In India As iPhone Sales Surge 13% In Q3

Apple has reaffirmed their commitment to additional investment in India. Following their strong earnings report for Q3, Tim Cook, Apple’s CEO, confirmed that the company plans to increase their retail footprint in India by the end of 2025. The company is looking to capitalise on the growing demand for its premium Apple products in expansion regions. Apple’s revenue for the iPhones alone rose by 13% year-over-year for the April-June quarter. The company is looking to further strengthen this momentum by increasing retail access to its products in key Indian cities.

Apple Confirms Retail Expansion Plans for India

Tim Cook announced at Apple's earnings presentation that they planned to expand their physical store presence nationwide, without providing specific dates or locations; however, all locations would open their doors before the holiday shopping season started.

“We couldn't be more excited to open new stores in the UAE and India later this year,” said Cook, also noting recent launches in Japan and Saudi Arabia.

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India remains one of Apple’s fastest-growing markets, and the purpose of the additional retail locations is to diversify its D2C ecosystem within the country.

Expected Locations for New Apple Stores in India

According to older reports, Apple plans to expand retail stores in India with four additional outlets. While Cook did give hints, he did not specify any locations. Here is the speculation Apple might be working on.

The reports from the previous Apple Store openings have suggested that they have begun the rigorous hiring process for these new stores, which is a great hint to the launches coming soon.

Apple’s Growth in India and Emerging Markets

Not only is Apple venturing into India, but they have also opened the country’s first stores in 2023_BKC in Mumbai and Saket in New Delhi. Apple is also expanding its reach to emerging markets such as the recently opened online store in Saudi Arabia and the active stores in the UAE and Japan.

These new retail points will allow customers to:

• Explore the full Apple product lineup, including iPhone, iPad, Mac, and Apple Watch
• Get expert support and repair services through Apple-trained staff
• Join Today at Apple sessions and workshops

Strong Q3 Performance Across Products

Apple has expanded their retail points based on the new expansion and announced a store in India after the new financials.

• Total Q3 Revenue: $94.04 billion (up nearly 10% YoY)
• iPhone Sales: +13% YoY
• Mac Sales: +15% YoY
• Services (including subscriptions): +13% YoY

These results illustrate Apple’s ecosystem – and in other words, the interconnected services and products offered by Apple – experiences continued growth even amidst economic challenges.

Final Thoughts

Apple India’s new store openings are its primary focus, which offer more than retail. Apple is leveraging the expansion and expecting a surge based on the countries already established. Combined with the growing middle class, Apple views India as a key growth area. Not only do the new store openings expect to increase the demand in the ever-growing need for the brand, but as the brand competes with other premium mobile phone manufactures, the new store openings are poised to cement and deepen the brand’s image in India.