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Apple registers 33 percent jump in revenue in India

Tripura Net
Tripura Net
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Marking a swift growth, Apples annual sales in India touched a record of nearly $8 billion.

The India revenue jumped about 33% in the 12 months through March from $6 billion a year earlier, according to a person familiar with the matter, Bloomberg reported.

Apples pricey iPhones accounted for more than half of the sales, said the person, who asked not to be named as the information isnt public, reported the media.

The result shows a major shift of Apple in gaining the more consumer base in India, the most populous nation in the world.

Apples revenue in China shrank in the latest fiscal year to $72.6 billion as the economy cooled, though iPhone sales have rebounded strongly in recent months on heavy discounting by retailers, reported CNBC TV 18.

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