Apple’s long-term bet on India is beginning to pay dividends. The company’s iPhone revenue in India jumped 42% year-on-year in 2023 to $8.7 billion, Morgan Stanley wrote in a note on Friday. The iPhone shipments in India grew 39% year-on-year in 2023 to 9.2 million units, making it iPhone’s fifth largest smartphone market. India’s iPhone […]
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Apple’s India iPhone business outpaces individual EU countries, Morgan Stanley says
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