 "Apple, iPhone, iPhone manufacturing, Apple Inc")
Apple India’s net profit soared around 2.5 times to Rs 8.96 billion for the last financial year (FY18), even as its revenue grew at a slower pace during the year. This was despite the phone-maker calling India its next big emerging market in the world.
The iPhone-maker had reported a net profit of Rs 3.73 billion in FY17.
In revenue terms, the Indian unit of the Cupertino-headquartered company posted 12 per cent growth in revenue at Rs 130.97 billion in FY18.
India, however, still continues to be a relatively smaller market for the technology giant, which has a market share of around three
