Gadgets & Gizmos

Apple says India is an important growth market during earnings

Announcing financial results for the quarter ending March 21, 2018, Apple reported 16 per cent revenue growth with quarterly revenue of $61.1 billion. International sales accounted for 65 percent of the quarterly revenue.

Announcing financial results for the quarter ending March 31, 2018, Apple reported 16 per cent revenue growth with quarterly revenue of $61.1 billion. International sales accounted for 65 percent of the quarterly revenue. While answering questions, Apple While talking about the Indian operations, Cook said, "We set a new first half record. So we continue to put great energy there and our objective over time is to go in there with all of our different initiatives from retail and everything else. And so we're working toward those things. It's a huge market and it's clear that many people will be moving into the middle class over time, as we've seen in other countries."

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