… At the center of this aspect of the dispute is Apple’s disagreement with India’s updated competition law, which allows potential penalties to be calculated based on a company’s global turnover, rather than only its local revenue. …
… Here are the details. iPhone 17 lineup success keeps on giving According to Counterpoint Research , Apple set two revenue records in Q1 2026. First, the company captured 48% of total smartphone market revenue, its highest-ever share in a first quarter. …
… According to the report , global tablet shipments declined 3% quarter-over-quarter during Q4 2025, and 4% year-over-year. …
… GenAI apps reportedly paid nearly $900M in App Store fees in 2025 According to a new report by AppMagic via WSJ , “Apple’s revenue from GenAI apps rose from about $35 million in January 2025 to a high of $101 million in August,” before trending back down due to a decline in downloads of ChatGPT. …
… According to CBNC, UBS analyst David Vogt said that “supply chain strength and sustained demand/share gains for the iPhone 17 series should lift iPhone rev up ~20% YoY.” Vogt reportedly increased UBS’s forecast for Apple’s revenue in the June quarter “by roughly 4% to $102 billion, suggesting 8.5% … …
… CAICT’s report also notes that the number of new models also declined, with 138 new mobile phone models between January and April, down 15.3% from a year earlier, 115 of which or, 83.3% were smartphones, down 0.9% year-over-year. …
… Apple agrees to reveal India revenue as it faced massive $38B fine Ben Lovejoy Jun 3 2026 - 5:13 am PT Apple has agreed to reveal its revenue in India so that the government can calculate how much it should be fined for antitrust violations. …