Apple exceeds $10 billion in annual sales in India for the first time in its last fiscal year, according to multiple reports. The milestone is presented as evidence of sustained demand for Apple’s higher-priced devices in a large smartphone market, even as the company continues to expand its presence through a widening retail push.
One report links the result to Apple’s increasing retail footprint, arguing that expanded sales channels and greater availability help support growth. Another outlet notes that reported sales figures can look lower when converted to U.S. dollars due to currency effects: the Indian rupee has fallen by roughly 10% versus the dollar since the start of last year. As a result, dollar-denominated figures may understate underlying momentum measured in local currency.
A third source emphasizes the scale of the achievement in context of local economic conditions and highlights that Apple’s devices carry higher prices in India than in the U.S., reinforcing that growth is occurring despite cost differences for consumers.