Wall Street is obsessed with China. Every earnings call, every analyst report seems to fixate on the dragon's every breath, dissecting Apple's performance in the Middle Kingdom with the intensity of a heart surgeon. But amidst the din, a silent giant is awakening. Apple's relentless expansion in emerging markets, particularly in Southeast Asia and India, is quietly reshaping the company's future, laying the groundwork for a post-China era of growth.

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This growth isn't confined to India. Malaysia, Mexico, the Philippines, Poland, and Turkey all saw all-time revenue records in the December quarter, followed by similar triumphs in Indonesia, Saudi Arabia, and Chile in the March quarter. The sheer breadth of this expansion is staggering.

Emerging Market Growth Visualization

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