Apple’s revenue in India jumps 29% year-over-year — Apple World Today
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Business intelligence platform Tofler adds that Apple’s net profit for fiscal year 2020 stood at INR 926.2 crore in FY20 in India, a 267% growth from INR 262.27 Cr in fiscal year 2019.
“The growth in revenue is testimony to Apple’s continued bid to ramp up its presence in India, where a growing middle-income population consisting of 500 Mn smartphone users, is a market for some of the world’s leading internet tech companies,” says Inc. 42.
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