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Monday 2 February 2015

Apple's Q3 Execution From An Indian Viewpoint.

Apple has proclaimed a record net benefit for the quarter finished December 2014. Here's an Indian point of view of this breathtaking execution.

Apple's quarterly benefit is more than four times the yearly benefit of the Indian organization with most noteworthy benefits. The net benefit of ONGC for 2013-14 was Rs 26,506 crore.

This is 55% more than the aggregate net benefit of Nifty organizations. The 50 Nifty organizations made Rs 72,125 crore amid the July-Sept 2014 quarter.

This can purchase the three biggest Indian organizations, TCS, ONGC and Reliance Industries. Their joined business capitalisation is Rs 10,86,500 crore.

Every one of the 50 Nifty organizations set up together made just Rs 32 crore every hour in the July-Sept 2014 quarter.

Short of what a large portion of Apple's money stores can wipe out India's monetary shortage of Rs 5,31,177 crore.

In the event that the immense money heap was conveyed among the evaluated 1.25 billion Indians, each of us will get Rs 8,828.

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