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You are here: Home / Apple India revenue doubles on-year for Sept quarter, most iPhone SE models sold in India made locally

Apple India revenue doubles on-year for Sept quarter, most iPhone SE models sold in India made locally

Almost all of the iPhone SE that Apple sold in India has been made locally, Tim Cook, chief executive officer of Apple told analysts over a conference call early morning, right after the company revealed its India revenue had doubled on-year for the quarter ended September while iPhone and iPad grew by double digits. The Cupertino-based smartphone maker said it will look at building stores, channels, product line-up and developer ecosystem to grow the business in India, the same way it did in China, where it had only a fraction of market. “We started manufacturing the iPhone SE there six, nine months ago so. And the majority of the iPhone SEs that we sold in the domestic market last quarter were manufactured there. And so we also have that going and are hoping that that winds up saving some amount of money over time and avoiding some of the compounding of taxes, et cetera,” Cook said in an earnings conference call after announcing the quarter and full year results. The company said it saw the biggest year ever in most parts of the world with all-time record revenue in the United States, Western Europe, Japan, Korea, the Middle East, Africa,… Read full this story

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Apple India revenue doubles on-year for Sept quarter, most iPhone SE models sold in India made locally have 334 words, post on economictimes.indiatimes.com at November 3, 2017. This is cached page on Drudgereport. If you want remove this page, please contact us.

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