Apple gets big distributor for India |
Electronics giant Apple, the maker of iPhones and iPad, has decided to rope in global retail major Brightstar to sell its devices in India. Apple wants to increase sales from 1 million units achieved in the fiscal year ending September 30, 2014, to as many as 7 million units by 2018. US-headquartered Brightstar, controlled by Japanese telecom and internet giant Softbank, distributes mobile phones and other devices to more than 200 carriers in over 50 countries and has revenues of around $11 billion. It had recently bought a 51% stake in (Bharti Enterprises chairman) Sunil Mittal`s Beetle
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