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The Economic Times
The Economic Times
Technology

Apple posts record June quarter revenue of $109.4 billion; flags higher memory chip prices as pressure point

New Delhi, Tech giant Apple has posted record June quarter revenue of $109.4 billion, up 16 per cent on a year-on-year basis, supported by double-digit growth in most emerging markets including India, but flagged business risks in the next few quarters due to rising memory chip prices and supply constraints, according to a top company official.

While Americas continues to be the biggest contributor in Apple's revenue, the company recorded the highest growth rate of 22.42 per cent in Greater China, followed by Europe 22.4 per cent and Rest of Asia Pacific 15.6 per cent.

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