Apple’s shift to India could raise production from 12% to over 26%, but the outcome hinges on trade policies, regulatory changes, and cost challenges.

Currently, Apple holds a 22% share of India's smartphone market by value, coming in just behind Samsung, which has a 23% share, which could make for an interesting competition as both companies vie for the top spot.

Among the major Indian companies that show up on TIME World's Best Companies list are: HCL Tech (112 ), Infosys (119), and Wipro (134); Apple is the world's No. 1.

The ECJ determined that Apple had unfairly benefited from loopholes in Ireland's tax regime, necessitating the substantial back payment to the Irish government

As part of the product refresh, Apple has discontinued several older models and has announced price reductions for some of its existing models

The event themed ‘It’s Glowtime’, scheduled for 10:30 PM on Monday, will be streamed live on Apple’s official YouTube channel and India’s dedicated Apple website.

Shares rose 0.8 percent to push the company's market capitalisation above the trillion-dollar mark for the first time. 

Apple is reportedly ramping up its manufacturing capabilities in India as it diversifies from China

Bharti Airtel, one of India's largest telecommunication service providers, has partnered with Apple to offer exclusive deals for Apple TV+ and Apple Music to its customers in India.

As a result of the Apple sale, Berkshire Hathaway’s cash and cash equivalents surged by $88 billion, reaching a record high of $277 billion in Quarter 2 this year.