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Apple’s revenue and net profit decline in FY19, but FY20 looks promising

India smartphone market continues to be hard nut to track for Apple. Despite several price cuts and discounts on older iPhones, Apple’s revenue and net profit has fallen to ₹10,538 crores and 262 crores in 2018-19, for the first time in several years, according to the regulatory filings by Apple to the Registrar of Companies, as …