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Apple reported a record June-quarter revenue of $109.4 billion, driven by strong iPhone and Mac sales, including record growth in India. Analysts say Apple's ecosystem, loyal customer base and pricing power will help it outperform the smartphone industry despite rising memory costs. The company is also expected to post double-digit value growth in India in 2026.

New Delhi: Apple is expected to outperform the broader smartphone industry despite mounting component cost pressures driven by the strength of its ecosystem, pricing power and loyal customer base, industry experts said on Friday after the company reported record June-quarter revenue.

According to Prabhu Ram, Head of the Industry Intelligence Group at CyberMedia Research (CMR), Apple delivered a fundamentally strong quarter, supported by record iPhone and Mac revenues, an all-time high installed base and resilient gross margins despite sustained memory cost inflation.

"Apple's ecosystem strength, pricing power and loyal installed base continue to give it a competitive advantage over Android OEMs, many of whom face a more difficult trade-off between protecting margins and sustaining volumes as component costs continue to rise," Ram said.

However, he noted that Apple's ability to absorb rising memory costs through inventory management and supply chain efficiencies is narrowing, while Services and Greater China revenues remain areas to watch.