Apple makes $7 bn worth of iPhones in India

Apple has significantly increased its production of iPhones in India, accounting for almost 7 percent of its total iPhone production, up from 1 percent in 2021, Bloomberg News report said.
Apple iphone 12 5G smartphone in SingaporeThe company assembled more than $7 billion worth of iPhones in the country in the last fiscal year, the report said.

Apple has generated revenue of $65.775 billion during the December quarter of 2022 as compared with $71.628 billion in the same period previous year.