Apple had a great first quarter, with iPhone sales as the clear standout. The company reports that its signature device had its best quarter ever, thanks in part to a surge of sales in regions like China and India.
CEO Tim Cook stated during the company’s earnings call that iPhone demand was unprecedented, setting all-time records across every geographic segment. Apple’s earnings report shows the company sold $85 billion worth of iPhones during the quarter, up from $69 billion in the same period last year.
During the call, Cook revealed that China saw a huge surge in sales. He noted it was the best iPhone quarter in history for Greater China, driven by iPhone where the company set an all-time revenue record. Cook said the sales increase was fueled by enthusiasm for the iPhone 17, announced last September. The new model has proven to be significantly more popular than the company’s previous iPhone.
Apple’s earnings report shows overall sales in the Greater China region jumped from $18.5 billion to $25.5 billion compared to the year-ago quarter. Cook added that traffic in Apple’s retail stores in China grew by strong double digits year over year.
Cook also highlighted India as another region where iPhones and other products saw exceptional performance. He stated the company set a quarterly revenue record in India during the December quarter, with records for iPhone, Mac, and iPad sales, plus an all-time revenue record for services. Cook called it a terrific quarter in a country he noted is the world’s second largest smartphone market and fourth largest PC market.
Beyond the iPhone, Apple’s overall sales increased across every geographical region. In the Americas, sales rose from $52.6 billion to $58.5 billion, while in Europe they increased from $33.8 billion to $38.1 billion.