Apple has set new annual sales in India, with its second main iPhone manufacturing base generating a record $10 billion in sales despite currency and tax challenges. India serves as Apple's second base of iPhone production alongside China, as part of the wider supply chain. According to a Tuesday Bloomberg report, Apple has exceeded $10 billion in annual sales in India over the last fiscal year. It eclipses the $9 billion annual revenue that was reported in September 2025. The higher prices have been countered by Apple working with banks to provide credit card rebates, as well as increasing student discounts and handling trade-ins.