Apple to Open New Pune Store on Sept 4: Fourth Retail Outlet in India as iPhone Demand Surges

Apple announced on 26 August that it will establish its fourth location in India next week, this time in Pune. The tech company that makes iPhones has significantly expanded its retail presence in India with the opening of the new Apple shop in Pune.

According to the firm, the new Apple store will give customers in Pune more options for exploring and buying Apple products. The services can also be experienced in person. According to Apple’s website, the Pune Apple store will open at 1 pm on September 4 in Koregaon Park.

Pune Store Launch Follows Mumbai, Delhi, and Bengaluru Openings

Days have passed since Apple’s third Bengaluru location opened. In 2023, the iPhone manufacturer made its debut in the Indian retail market, opening its first location in Mumbai and then in Delhi.

Apple said that through free events hosted by Apple Creatives, Today at Apple helps customers get started with their devices or advance their talents, whether in photography, music, painting, or coding. The event is intended to inspire and educate.

Apple’s Record Revenue Growth in India and Emerging Markets

While CEO Tim Cook had criticised the “evolving” tariff situation and estimated September-quarter tariff costs at roughly $1.1 billion, the Cupertino, US-based company recently reported revenue records in over two dozen markets, including India, in the June quarter earnings that exceeded street expectations.

Cook has also mentioned building new stores in India and the United Arab Emirates later this year during Q3 FY2025 earnings.

According to Tim Cook, the business witnessed double-digit growth in growing markets like India, the Middle East, South Asia, and Brazil, as well as growth in every geographic area of the iPhone.

Tim Cook on Tariffs and India’s Expanding Role

Cook added that the company saw an acceleration of growth in the vast majority of markets we track, including China and many emerging markets, and that double-digit growth across iPhone, Mac, and services was the driving force behind these results.

Apple set revenue records for the June quarter in more than two dozen countries and regions, including the US, Canada, Latin America, Western Europe, the Middle East, India, and South Asia. He said that the situation regarding tariffs is “evolving” and that the corporation had to pay roughly $800 million in tariff-related expenses for the June quarter.

 “We project that the September quarter will result in an increase in our expenses of roughly $1.1 billion, assuming that the present global tariff rates, policies, and applications remain unchanged for the remainder of the period and that no new tariffs are imposed. Since a lot of things, including tariff rates, can change, this forecast shouldn’t be used to project future quarters,” he said.

The computer giant reported $94.04 billion in revenue for the June quarter, above Wall Street’s estimates by 10% year-over-year. Net profit was $23.42 billion, up 9.2% year-over-year.

Quick
Shots

•Store to offer hands-on Apple product
demos and “Today at Apple” free creative sessions.

•Part of Apple’s push to strengthen
brand presence in India.

•Double-digit sales growth across
iPhone, Mac, and services in Q3 FY2025.

•India, Middle East, South Asia, and
Brazil among fastest-growing markets for Apple.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *