Apple's sales in India passed $10bn last FY
India, Aug. 5 -- 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 double-digit percentage rate in the 12 months through March from about $9 billion a year earlier, according to a person familiar with the matter, who asked not to be identified as the information is private. Apple's iPhones accounted for a significant majority of the sales, while demand for iPads and MacBooks also rose, the person said. The previously unreported figures in the world's most populous country are a boon for Apple's efforts to find new growth markets. P11...
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