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Apple regained China's smartphone market lead as iPhone shipments surged 28%, outperforming competitors amid a declining market and chip shortages favoring premium devices.
Apple's iPhone 17 lineup posted robust pre-orders and achieved nearly 3% shipment growth in Q3, contributing to the smartphone market's 2.6% global growth led by premium and AI-enabled devices.
Apple's India revenue rose 13% to nearly $9B as iPhone and Mac demand, retail expansion, and local manufacturing accelerate, positioning India as a strategic growth and supply‑chain hub.