New Delhi, April 23 -- Powered by the enduring popularity of the iPhone, Apple Inc.'s dream run in India appears poised to accelerate, with three analysts saying the company may nearly double its revenue this year (FY26) from just two years ago to $15 billion, and continue to grow its revenues at an estimated 30% year-on-year over the next five years.

Alongside, the analysts said the Cupertino-based tech giant is also likely to crack the top five in India in terms of number of phones sold, a big feat for the premium, high-priced smartphone maker that started selling its phones in the country in 2008.

The $15 billion revenue estimate, if realized, would be almost twice the $7.9 billion the company earned in India in FY24, according to its ...