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Apple Crosses $1 Billion in Annual Sales in India

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Apple Crosses $1 Billion in Annual Sales in India

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The latest report on Apple sales have now silenced the skeptics. Apple has reportedly crossed the $1 billion sales mark in India for the first time in the year-ended March. according to results filed with the Registrar of Companies (RoC) on Wednesday.

Economic Times revealed how Apple managed to pull off a 44 percent increase in sales from Rs 4500.35 crore up to Rs 6472.89 crore with a doubled net profit of Rs 242.85 crore.

A customer holds an iPhone 6  and iPhone 6 Plus after the phones went on sale at the Fifth Avenue Apple store in Manhattan, New York

These figures were bound show up. Apple had a great year since the launch of the iPhone 6. Along with the sales of the iPhone 6, Apple also introduced a number of offers like buyback and installments schemes to the excitement of many fans. The offers have only grown more and more since. In fact, in October, Apple also launched some buyback schemes for the latest iPhone 6s series.

The iPhone 6s and 6s Plus were launched to the dismay of many for its ridiculously high price tag. Apple saw the problem and was quick to offer buyback schemes to upgraders with up to Rs 34,000 off in exchange for an older model.

Apple has also tied-up with Croma and will soon open up Apple Stores in India, which is surely going to help with the figures all the more.

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About The Author
Sanket Vijay
Sanket Vijay
When not indulging in reading or writing, Sanket fanboys over The Flash, Star Wars, Coldplay, and U2. And pizza, he loves his pizza. Follow him on Instagram for more.
1 comments
Santhosh Kumar Baskaran
Santhosh Kumar Baskaran

First it was how much gold you put for your daughter during wedding, then house, then car.. And now its Apple Inc products! LOL proof that showing off is a part of Indian culture \U0001f61c