Apple hits record $8 billion in sales in India
NEW DELHI: Apple has achieved a record $8 billion in sales in India, underscoring the country’s status as a rapidly expanding market. Notably, the iPhone maker has significantly ramped up its production efforts in India over the past two years.
According to a recent report, Apple’s revenue in India surged by approximately 33% in the 12 months ending March, rising from $6 billion the previous year. The report also highlighted that Apple’s premium iPhones were responsible for more than half of these sales, reflecting the company’s growing influence in the world’s most populous nation, where consumer purchasing power is steadily increasing as the economy grows.