A new report this morning revealed new data that Apple South Korea's sales soared 24 per cent on-year to hit $5.97 billion last year.

The South Korean unit of US tech giant Apple -- Apple Korea Ltd.-- logged 7.1 trillion won ($5.97 billion) in sales from October 1, 2020 to September 30 last year, according to its audit report filings.

Net income for the cited period stood at 124.3 billion won, down slightly from a net profit of 127.4 billion won the previous year.

This marked the first time Apple Korea has released its audit report since the South Korean unit converted into a limited company in 2009. For more on this, read the full Business Standard report.