The annual sales of Apple Inc. In India about 9 billion dollars in the past fiscal year, indicating the increasing demand for consumers on its pioneering devices, as the company collects retail fingerprint in the world most populated in the world.
Revenue increased about 13 % in 12 months to March from 8 billion dollars in the previous year, according to a person familiar with the matter, who refused to call it as private information. The iPhone from Apple Marquee formed the majority of sales, and the demand for MacBook computers has increased.
The huge jump-which has been previously reported-is a batch of Cuperno, in California at a time when sales of mobile devices are wrestling all over the world. While India represents a small part of its total business, the company is investing in a country that expects to become a major market in the coming years.
This is especially important given the volatile consumption of geopolitical uncertainty about China, today the largest base abroad. Revenue from China Acquired 4.4 % in the quarter of June – but this was only an increase in it in two years, which is lost The market share there for local competitors such as Xiaomi Corp.
Apple did not respond to suspension requests.
As part of the retail batch in India, Apple just added two new stores in cities Bangalore And Pune this week. It also plans to launch a new outlet in Nuwaida, on the outskirts of Delhi, and another in Mumbai early next year.
The American company in 2023 Reorganization Managing its international business, which makes India its own sales area due to the growth potential of the market with its high income and a prosperous medium layer. IPhone devices, which many Indians are seen as a symbol of standing, are currently about 7 % of the local smart phone market, according to Taron Pathak for CounterPoint Research.
The requirements of local sources in India were prevented from opening its iconic stores in the country of South Asia for years. As policy declined, Apple recently launched its online store in India in 2020.
High taxes make iPhone expensive devices in India-selling the IPHONE 16 for beginners at 79,900 rupees ($ 906.39) in India, compared to $ 799 in the United States. The company is trying to revolve around this by providing discounts for students, trade on old devices, and through partnership with banks to obtain credit card discounts, and increase sales measures. Cook constantly said that India is one of the fastest growing markets in the company.
India has also become a key to Apple manufacturing strategy. One in five iPhone devices now to make In India, Cook plans to use the country as a major source of devices associated with the United States. Apple expands iPhone production in India in five factories, including a pair of recently opened plants, as it seeks to reduce their dependence on China, Bloomberg News I mentioned previously.
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