-- Apple Inc.'s annual sales in India reached a record high of almost $8 billion, as the country becomes a major focus for the iPhone maker given the gradually improving consumer purchasing power, Bloomberg reported Monday citing unnamed sources.

-- The 33% increase in revenue from the $6 billion last year comes along with Apple's plans to diversify its manufacturing and revenue sources beyond market China given the increasing trade tensions with the U.S., Bloomberg reported.

-- Apple wasn't immediately available for comments, according to Bloomberg.


Full story: https://www.bloomberg.com/news/articles/2024-07-15/apple-sales-in-india-surge-33-to-8-billion-as-chinese-market-slows?srnd=homepage-americas


Write to Michael Susin at michael.susin@wsj.com


(END) Dow Jones Newswires

07-15-24 0715ET