Apple South Korea’s 2021 gross sales soar 24% to prime $5.97bn

Seoul: Apple Korea’s gross sales jumped 24 per cent on-year to hit $5.97 billion final yr, a brand new knowledge confirmed on Thursday.

The South Korean unit of US tech big Apple — Apple Korea Ltd.– logged 7.1 trillion gained ($5.97 billion) in gross sales from October 1, 2020 to September 30 final yr, based on its audit report filings.

Internet earnings for the cited interval stood at 124.3 billion gained, down barely from a web revenue of 127.4 billion gained the earlier yr.

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The corporate’s working revenue dropped 13.3 per cent on-year to 111.49 billion gained over the cited interval, studies Yonhap information company.

This marked the primary time Apple Korea has launched its audit report for the reason that South Korean unit transformed right into a restricted firm in 2009.

Below the amended Act on Exterior Audit of Inventory Firms, restricted firms even have been obliged to bear exterior audits and to publicly disclose their audit studies since 2019.

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