Apple India logs record sales, re-enters list of top 10 smartphone brands

The maker of popular smart technology products like the iPhone and MacBook has faced stiff competition here, the world's second-largest smartphone market

After two years of downbeat news, Apple, the premium consumer electronics giant, managed to turn around its business in India. The management of the US-based entity informed its investors on Thursday that it registered record sales in this country during the July-September quarter.

Luca Maestri, senior vice-president and chief financial officer at Apple Inc, said in a post-results conference call that they had “established new Q4 (July-September) records in many major developed and emerging markets”. Including India, America, Canada, Germany, France, Korea, Singapore, Brazil, Thailand, Malaysia, and Vietnam. As a result, its gross margin expanded 40 basis points, to 38 per