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(Reuters) -Apple Inc has assembled $14 billion worth of iPhones in India in fiscal 2024, Bloomberg News reported on Wednesday.
Apple is looking to increase its manufacturing presence in Southeast Asia and its market share in India as China troubles loom.
For most of 2011 to 2024, Apple became the world's largest company by market capitalization until Microsoft assumed the position in January 2024. In 2022, Apple was the largest technology company by revenue, with US$394.3 billion.
United States, et al. v. Apple Inc. is a lawsuit brought against multinational technology corporation Apple Inc. in 2024. The United States Department of Justice (DOJ) alleges that Apple violated antitrust statutes.
(Reuters) - Apple is expected to gain a larger share of India's smartphone sales, with the high-end iPhone 15 Pro and Pro Max models accounting for more of its shipments.
Apple has expanded the number of retail locations and its geographical coverage over the years, with 529 stores across 26 countries and regions worldwide, opening its latest store in Shanghai, China on March 21, 2024 with one another planned store in the USA.