The Indian unit of Apple more than doubled its profit in the year ended March 2018, but sales grew at a slower pace which analysts attributed to weakened demand for iPhone models after their prices went up in January due higher import duties, and Chinese aggression in the premium smartphone segment.
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Apple’s India revenue up 12% to 13,098 cr in FY18
Apple’s India revenue up 12% to 13,098 cr in FY18
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