Apple logs 253% rise in net profit

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 Mac Books has managed to grow its revenue and profits at a healthy rate during 2019-20. Annual filings, sourced from To fler, show Apple India’s operating revenue stood at 13,623 crore 29 per cent higher than it had reported for 2018-19. The firm’s net profit jumped too 926.3 crore-growing 253 per cent over the previous year.

Courtesyg: Google (photo)

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