Report: Apple's first stores in India surpass monthly sales figures of 22-25 crore!

Updated : Jun 01, 2023 16:36
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Editorji News Desk

According to a report from The Economic Times, Apple's stores in India, Apple BKC and Apple Saket, have achieved impressive monthly sales figures of 22-25 Crore each, surpassing the revenue of any other electronics store in the country outside of festive seasons like Diwali. The premium Apple BKC store in Mumbai recorded sales worth over Rs. 10 crore on its opening day, April 18, with more than 6,000 visitors. Apple Saket in New Delhi, which opened two days later, also experienced a similar level of footfall.Industry executives attribute the success of Apple's Indian stores to the higher pricing of its products, resulting in increased revenue. The average selling price of Apple devices contributes to the higher earnings. Additionally, the stores continue to attract significant crowds, exceeding Apple's internal sales estimates.

Apple 2022

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