Apple sets Q1 record in India iPhone shipments, offsetting weak China performance

Apple’s A18-powered iPhone 16
Apple achieved a record-breaking Q1 in India, shipping over 3 million iPhones, up 36% from last year, per IDC data. This growth offset a 9% shipment drop in China, Apple’s biggest market.
Nauman Khan for GuruFocus:‎India’s growth was underpinned by affordability measures, including zero-interest installment plans and online retailer discounts. More than half the shipments were driven by the iPhone 16e, part of the latest product lineup that cat