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Saturday, October 28, 2023

Apple India's revenue booms; nears Rs 50,000 crore milestone with record growth

Apple's India business almost touched a record milestone of Rs 50,000-crore revenue, with sales growing by 48% to Rs 49,321 crore in the fiscal year 2022-23. Analysts attribute this growth to a higher share of sales of new generation devices and a reduction in component costs.

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