India could be Apple’s third largest market in 3 years

News Snapshot:

Apple’s India revenue is expected to rise 20% in FY25, putting it on track to become the iPhone-maker’s third-largest market after China and the US within the next two to three years, analysts said, following reports of record revenues from India for the March quarter. Earlier on Friday, Apple’s chief executive, Tim Cook, said that the March quarter saw Apple register yet another quarterly revenue record in India—making this the eighth straight quarter, or two full years, of sustained growth for the brand in India. “We did grow by strong double-digit, and were very, very pleased about it. I see...