This article was first published on the Benzinga India portal. According to Counterpoint Research, India will become the third largest iPhone market for Apple (NASDAQ: AAPL) by 2026, surpassing Japan and the U.K. In 2023, Apple witnessed a major milestone in India when it shipped more than 10 million iPhones for the first time, generating revenues of more than $1 billion. See also SEE ALSO: X Launches Community Notes in India Just in Time for Elections Interestingly, iPhone shipments in India have already exceeded 10 million units.