Apple Crosses $1 Billion Sales Mark In India, Records A 44% Increase This Year

Apple’s sales figures witnessed a 44% increase from Rs 4500.35 crore to Rs 6,472.89 crore. Their net profit doubled to Rs 242.85 crore from Rs 119.48 crore. This comes from Apple’s widening retail networks and intensified marketing which includes buyback schemes, EMI options and discounts.

Apple has crossed the $1 Billion sales record for the first time in this fiscal year ending in March.

Apple’s sales figures witnessed a 44% increase from about Rs 4,500.35 crore to Rs 6,472.89 crore this year. Their net profit reportedly doubled to Rs 242.85 crore from Rs 119.48 crore.

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The increase in revenue comes from Apple’s widening retail networks, and intensified marketing operations which includes buyback schemes, EMI options and discounts.

[Source]