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Apple reported in its Q3 results compared to the previous year one percent decline, despite reaching an all time high in active devices across all geographic segments. Notably, the company achieved an all time record in India in terms of revenues, showing strong double-digit growth with the launch of its first two retail stores in Mumbai and New Delhi.

Apple CEO Tim Cook expressed optimism about the Indian market, acknowledging the opportunity to further expand in the second largest smartphone market globally. He emphasized their commitment to enhancing the channel and direct to consumer (D2C) offers to capitalize on this potential.

Services also saw a significant boost, with an all time revenue record during the quarter, driven by over 1 billion paid subscriptions. The emerging markets showed continued strength, particularly in iPhone sales, setting total revenue records in various countries.

Apple's revenue from wearables, home, and accessories increased by two percent, offsetting declines in iPhone, Mac, and iPad revenues. The Services division performed exceptionally well, with revenue reaching 21.2 billion droller , an increase 8 % (eight percent) year over year.

Apple's CFO, Luca Maestri, highlighted a remarkable milestone, surpassing one billion paid subscriptions across their services, making Apple the largest subscription company globally. Additionally, the company remains committed to sustainability, partnering with global nonprofit Acumen to promote clean energy innovation in India and aiming to achieve carbon neutrality throughout its supply chain and product life cycle by 2030.

Overall, Apple's Q3 results showcased both challenges and opportunities, with a focus on expanding its presence in India and capitalizing on the growing Services in this segment.