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

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]

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