Apple's annual sales in India surpassed $10 billion for the first time in the fiscal year ending in March, according to a person familiar with the matter cited by Bloomberg, as the company continues to widen its retail footprint in the country. Apple's annual sales in India surpassed $10 billion for the first time in the fiscal year ending in March, according to a person familiar with the matter cited by Bloomberg, as the company continues to widen its retail footprint in the country.

Although India still contributes only a small share of Apple's global business, it is emerging as one of the company's most important growth markets outside the US and China.