Apple Inc.’s annual sales in India hit a record of almost $8 billion, underscoring a rapidly growing market where the iPhone maker now assembles more of its devices and operates two flagship stores.
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.
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.
Apple Inc.’s annual sales in India hit a record of almost $8 billion, underscoring a rapidly growing market where the iPhone maker now assembles more of its devices and operates two flagship stores.
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. 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.
