Apple exceeded $10 billion in annual sales in India for the first time last fiscal year, underscoring surging demand for its pricey devices in a market where it’s steadily ramping up its retail network.
Revenue grew at a double-digit percentage rate in the 12 months through March from about $9 billion a year earlier, Bloomberg News reports citing a person familiar with the matter, who asked not to be identified as the information is private.
Apple’s iPhone lineup accounted for a significant majority of the sales, while demand for iPads and MacBooks also rose, the person said.
The milestone highlights Apple’s expanding presence in India through a broader retail network.
MacDailyNews Take: As we wrote four years ago, “The sky’s the limit for Apple in India!”
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