Apple reports fastest-ever growth in India; here’s what is fueling this record sales
Apple reports fastest-ever growth in India; here’s what is fueling this record sales
Apple has achieved record-breaking revenue in India, reaching close to Rs 50,000 crore during the 2022-23 fiscal year. The company saw a 48% increase in sales, resulting in a revenue of Rs 49,321 crore and a net profit increase of 76% to Rs 2,229 crore. Analysts attribute this growth to higher sales of premium devices with better profit margins.
Apple has achieved record-breaking revenue in India, reaching close to Rs 50,000 crore during the 2022-23 fiscal year. The company saw a 48% increase in sales, resulting in a revenue of Rs 49,321 crore and a net profit increase of 76% to Rs 2,229 crore. Analysts attribute this growth to higher sales of premium devices with better profit margins.
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Apple has achieved record-breaking revenue in India, reaching close to Rs 50,000 crore during the 2022-23 fiscal year. The company saw a 48% increase in sales, resulting in a revenue of Rs 49,321 crore and a net profit increase of 76% to Rs 2,229 crore. Analysts attribute this growth to higher sales of premium devices with better profit margins. 
