Apple Set to Open More Stores in India, Projects Increased Revenue
Apple has once again shown why it remains one of the world’s most closely watched companies. The tech giant, led by CEO Tim Cook has projected an astonishingly strong revenue forecast for the current quarter ending in September 2025, easily topping Wall Street’s expectations. The news had sent its shares up 3% in after-hours trading, despite CEO’s warning of the new U.S. tariffs costing the company an extra $1.1 billion this quarter alone.
As Apple decided to shut its China manufacturing unit and shift its production to India, despite US imposing an alleged 25% tariff on exports from India, Apple remains undeterred and gets ready to bring more of its signature retail stores to India later this year, a move that signals just how important the country has become for the tech giant.
CEO Tim Cook shared the update during the company’s latest earnings call, highlighting Apple’s plans to strengthen its presence in one of its fastest-growing markets by offering more direct touchpoints for Indian consumers. This announcement follows a strong April–June quarter for Apple, during which the company reported US $94.04 billion in revenue, marking a nearly 10% increase from the same period last year.
iPhone sales played a major role in this boost, jumping 13%, as more customers across India upgraded their devices or joined the Apple ecosystem for the first time. He also mentioned the opening of a new retail location in the heart of Osaka, Japan. While he didn’t reveal exact dates or store addresses in India, earlier reports indicate that Apple has its sights set on four new locations.
Expected store launches include Sky City Mall, Mumbai, and Phoenix Mall of Asia in Bengaluru, with additional outlets likely coming to Kopa Mall in Pune and DLF Mall of India in Noida. Apple has reportedly been hiring staff for these locations in recent months, indicating that the openings could happen soon. Currently, Apple has two official stores in India: Apple BKC in Mumbai and Apple Saket in Delhi, both of which opened in 2023.
- These flagship stores have become important centres for customer experience, offering everything from hands-on demos to personalized sessions through the “Today at Apple” program.
- The upcoming expansion reflects Apple’s ongoing commitment to India, not just as a market to sell in, but as a strategic part of its global operations. Alongside retail growth, Apple has been ramping up iPhone production in the country, reducing its reliance on China and adding local jobs.
However, it hasn’t all been smooth sailing. Apple is still grappling with the impact of the U.S.–China trade war, which cost the company $800 million in tariffs last quarter. Interestingly, that challenge may have also worked in Apple’s favor, some customers rushed to buy products ahead of potential price hikes, especially iPhones, Macs, and Apple Watches, giving the quarter a sales boost.
- To lessen the impact of future tariffs, Apple has been steadily moving parts of its supply chain out of China. More iPhones are now being manufactured in India, and other products like Macs and Apple Watches are being assembled in Vietnam, a shift that could help Apple manage costs over the long term.
It’s not just about iPhones, either. Apple’s Mac sales grew 15% year-over-year in the last quarter, and its services division, including iCloud, Apple Music, and other subscriptions, rose 13%. With plans to boost both its retail and digital presence, Apple is clearly investing for the long haul in India.
- However, Apple isn’t without challenges. It faces stiff competition from tech companies Samsung and Google – due to Apple’s slower rollout of artificial intelligence features.
- Tim Cook addressed this concern and opined of Apple ramping up investments in AI and working on a more personalized version of Siri.
