Apple's sales in India grow 33% to a record high - the market expands rapidly
paddyAppleSales in India reached a record high of almost 8 billion dollars (about 1,260 billion yen), up about 33% in the year up to March. The person concerned who is familiar with the situation made it clear. In addition to increasing product assembly in the same country, Apple also operates two flagship stores. The rapid expansion of the Indian market came to light
According to the same person who stated on the condition of anonymity that the information was not disclosed, annual sales in India the previous year were 6 billion dollars. It is said that expensive “iPhones (iPhones)” accounted for more than half of sales.
This increase in sales shows that Apple's efforts to acquire users in India, which has the largest population in the world, are progressing steadily. As India's economy expands, the purchasing power of the country's consumers is gradually increasing.
Apple is looking at India in an attempt to diversify production sites and revenue sources. As a market, China is large, but risks are increasing due to tension between the US and China over trade.
Apple does not disclose sales in India in financial reports, but it is mandatory to report annual sales in the same country to local authorities. Apple representatives in India did not respond to requests for comment.
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