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Furthermore, Hikma believes the cost of sales is higher due to higher volumes and a change in mix which has led to a higher cost of raw materials.
"Even though we have less houses to sell due to lack of inventory," she said, "the dollar volume of sales is higher due to higher prices.
In fact, Apple's share of sales is higher still at 5.8percentt if you look only at India's tier-one cities.
Similar(56)
Auto sales were higher than a year ago.
This year, "Prices are lower," he said, "but sales are higher".
Sales were higher than the $5.58 billion that analysts had predicted.
Mobile Mini said sales were higher than expected, particularly in the last month.
Sales were higher across Northrop's information, aerospace, electronics and shipbuilding units.
Yahoo's sales were higher than Google's last year, but Google is growing faster and has higher margins.
But at the same time, the number of sales was higher compared with the same period in 2006.
In a handful of countries, sales are higher now, and in the United States the decline is only 5 percent.
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