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Apple’s Net Profits in India Rose 44% in FY17 Even as Sales Growth Declined

According to its latest regulatory filings with the Registrar of Companies (RoC), Apple’s net profits in India rose 44 percent during the year ended March 2017. Revenue growth, however, slowed down significantly on the face of increasing competition from not only Samsung but also a number of Chinese brands, such as Xiaomi, Vivo, Oppo and […]

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