Indian Apple reseller Ample to grow revenue by a third as it expands presence, portfolio, CEO says
1. Indian reseller Ample plans 35% revenue growth through store expansion. 2. Expansion efforts may increase Apple’s market presence in India.
FAQ
Why Bullish?
AAPL historically benefits from increased market reach, especially in emerging economies. Similar expansion by resellers in regions like China has boosted sales.
How important is it?
Expansion in key markets like India increases AAPL's revenue potential significantly. A reseller's performance can indicate overall brand strength in a growing economy.
Why Long Term?
The revenue growth projection for FY 2026 suggests sustained impact over time. Long-term investments in India could lead to a growing customer base for AAPL products.