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After struggling to grow its handset sales during 2018, consumer technology giant Apple has finally turned around its India business. The marketer of popular smart devices like iPhones, iPads, and MacBooks has managed to grow its revenue and profits at a healthy rate during 2019-20.
Annual filings, sourced from Tofler, show Apple India’s operating revenue stood at Rs 13,623 crore — 29 per cent higher than it had reported for 2018-19. The firm’s net profit jumped to Rs 926.3 crore — growing 253 per cent over the previous year.
The numbers reflect a V-shaped recovery in the firm's business. The
