Apple registers 33 percent jump in revenue in India
Marking a swift growth, Apple's annual sales in India touched a record of nearly $8 billion.
The India revenue jumped about 33% in the 12 months through March from $6 billion a year earlier, according to a person familiar with the matter, Bloomberg reported.
Apple’s pricey iPhones accounted for more than half of the sales, said the person, who asked not to be named as the information isn’t public, reported the media.
The result shows a major shift of Apple in gaining the more consumer base in India, the most populous nation in the world.
Apple’s revenue in China shrank in the latest fiscal year to $72.6 billion as the economy cooled, though iPhone sales have rebounded strongly in recent months on heavy discounting by retailers, reported CNBC TV 18.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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