Apple has best-ever quarter in India, revises margins for retailers

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Nov 15, 2013
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Since launching the iPhone 6 and iPhone 6 Plus in India in the month of October, Apple has reportedly sold half a million units in the country. That number is double what the Cupertino giant achieved during the same period in 2013. To consolidate its efforts in the country, Apple has introduced a new trade advisory that halves credit period given to retailers (from fourteen days to seven) as well as lowering sales margins by 0.5 to 1 percent.

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