Source: Snowball App, Author: ETFBOYS Global Technology, (

The annual sales in India set a record of nearly $ 8 billion, reflecting a fast -growing market.

From the perspective of financial reports, it has not listed revenue in India alone in its performance report, but according to regulations, it must report to the local government's annual sales in India.Bangalore Investment

According to the media on Monday (July 15), a person familiar with the matter broke the news that the company's revenue in India increased by about 33%from the same period of the previous year in the 12 months of March this year, of which the iPhone occupied occupiedMore than half of sales.

This growth shows that the source of income is more diversified.With the expansion of the economy, the purchasing power of Indian consumers is gradually increasing, and the company is winning more users in India.At present, Apple is handing more mobile phone assembly business to the Indian factories, and Apple is still operating two flagship stores locally.

The Indian market is rising

CEO Tim Cook has been vigorously developing this market.Last year he visited India and opened two Apple stores in the country to sell iPhone, iPad, MacBook computers and other devices and accessories.With the steady expansion of India's middle class, Apple products are regarded as a symbol of social status.

At present, it produces models including the latest iPhone 15 in India, but does not include higher specifications of Pro and Pro Max models, and most of the devices are used for export.According to previous reports, the iPhone output value produced in the country in the country in the country in the country in India has doubled to $ 14 billion.Indore Stock

At a call conference call in May this year, Cook said that the company is working in all aspects of development from development to market and operation."I think this is a very exciting market and the focus of our attention."

Despite the rapid growth of India, India's mobile phone market is still dominated by India's Android system mobile devices.Data from Counterpoint Research shows that of about 690 million smartphones in India, iPhone only accounts for about 3.5%.Kolkata Investment

Therefore, although India is one of the fastest growing markets, India has only about 2%of Apple's recent fiscal year of US $ 383 billion.New Delhi Stock Exchange

Source: Finance Association

Are you optimistic about the development of the Indian mobile phone market?Jaipur Investment

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