Apple is benefiting from a new tax break in India, which will make it cheaper to assemble iPhones in the country. The change ...

That 5% cut was estimated to mean Apple would earn between $35 million and $50 million more annually. According to Reuters, though, India has now entirely dropped import taxes on certain ...

Apple Inc. scaled a 11th straight quarterly revenue record in India in the October-December period, with analysts estimating that the iPhone’s gross revenue hit $10 billion in the country last year.