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Apple Inc's annual sales in India have jumped to a record high of nearly $8 Bn as the iPhone maker is rapidly expanding its market where it now makes more devices and has rolled out two flagship stores

As per Bloomberg's report, citing sources, revenue in India surged by approximately 33% over the 12 months ending in March, up from $6 Bn the previous year.

The report further said that iPhones accounted for more than half of the sales.

This signals positive for the company to expand the country further, given the strong market opportunity and having established its two operational flagship outlets in India.

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