Apple Finally Cracks the Code in This Massive Market

Apple (NASDAQ: AAPL) made terrific progress in India in fiscal 2021 (which ended on Sept. 25, 2021), with CEO Tim Cook pointing out that the company's revenue in that market doubled over the prior year thanks to the robust demand for its products.

Calculations indicate that the tech giant generated $4 billion in revenue from India last fiscal year. More importantly, recent data suggests that Apple is on track to maintain its terrific momentum in the Indian market in the new fiscal year as well. Let's see why that may be the case.

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Source Fool.com