Apple India’s revenue numbers are set for another record, with early trends pointing to about $3 billion (Rs 22,200 crore) in revenue by the end of its ongoing fiscal year in September, according to the Economic Times (a subscription is required to read the entire article).
This would be almost 60% growth year-on-year from the world’s second largest smartphone market. That’s higher than the 29% increase seen last year. The growth is fueled by high demand for the iPhone 11, iPhone 12, iPhone XR, and iPhone SE, according to CyberMedia Research.
The Economic Times’ report is another sign of Apple’s increasing impact in India. Last month the tech giant jumped to fifth place among personal computer brands in India in the first quarter of 2021. The company’s shipments of Mac desktops, notebooks, tablets and workstations combined to reach 208,000 units, according to data from Canalys.
