Apple India's revenue booms; nears Rs 50,000 crore milestone with record growth

Apple's India business almost touched a record milestone of Rs 50,000-crore revenue, with sales growing by 48% to Rs 49,321 crore in the fiscal year 2022-23. Analysts attribute this growth to a higher share of sales of new generation devices and a reduction in component costs.

Oct 29, 2023 - 10:30
Apple India's revenue booms; nears Rs 50,000 crore milestone with record growth
Apple's India business almost touched a record milestone of Rs 50,000-crore revenue, with sales growing by 48% to Rs 49,321 crore in the fiscal year 2022-23. Analysts attribute this growth to a higher share of sales of new generation devices and a reduction in component costs.