If you're new to AirPods, considering buying a pair, or just want to pick up some new tips.
AirPods and AirPower: Everything We Know
Apple Sees Highest Growth in China, Revenue Up 67%
During today's quarterly results call for the first fiscal quarter of 2013, Peter Oppenheimer mentioned that the company focused on establishing a new operating segment of Greater China, including Mainland China, Hong Kong, and Taiwan
"We have established a new operating segment for China, given the contribution of that region to our business," said Oppenheimer.
The company has adjusted how it reports revenue for separate geographic regions because of the significant sales of both hardware and software in China during the last couple of years. China was responsible for $6.8 billion of Apple's revenue during the last quarter. Overall revenue in China is up 67%.
While Apple experienced strong iPhone growth overall, selling 47 million iPhones compared to 37 million in the year-ago quarter, it saw the most significant growth in China, which is up more than 100% year over year. Despite a late launch of the iPad, it was also noted to be successful in the country.
Tim Cook spent a portion of January in China, meeting with both government officials and representatives from China Mobile, the country's largest mobile carrier. During the visit, Cook was interviewed by Sina Technology, where he emphasized Apple's efforts to raise its profile in the country.
"We have established a new operating segment for China, given the contribution of that region to our business," said Oppenheimer.
The company has adjusted how it reports revenue for separate geographic regions because of the significant sales of both hardware and software in China during the last couple of years. China was responsible for $6.8 billion of Apple's revenue during the last quarter. Overall revenue in China is up 67%.
While Apple experienced strong iPhone growth overall, selling 47 million iPhones compared to 37 million in the year-ago quarter, it saw the most significant growth in China, which is up more than 100% year over year. Despite a late launch of the iPad, it was also noted to be successful in the country.
In terms of the geographic distribution, we saw our highest growth in China. It was into the triple digits, which was higher than the market there. We're extremely pleased.Apple opened four new stores in the Greater China area during 2012, and when asked about China during the question and answer section, Cook reiterated plans to continue to expand on the 11 stores that it has in the country, saying that Apple had "many more" stores to open.
It is clear that China is our second largest region. And there is a lot of potential there.
Tim Cook spent a portion of January in China, meeting with both government officials and representatives from China Mobile, the country's largest mobile carrier. During the visit, Cook was interviewed by Sina Technology, where he emphasized Apple's efforts to raise its profile in the country.
[ 36 comments ]
Top Rated Comments
(View all)
79 months ago
Like it or not, sooner or later, profits from the Chinese market will overtake APPLE's domestic market, so it's definitely smart of APPLE to have positioned themselves so well in that regard.
Wonder how those talks with CHINA MOBILE are going; a deal there, could really explode the sale of cell-enabled iOs devices!
Wonder how those talks with CHINA MOBILE are going; a deal there, could really explode the sale of cell-enabled iOs devices!
79 months ago
Probably because Apple just started selling their products in China. It's easier to improve when you're near 0. But there is also the increase in Chinese wealth.
79 months ago
With a growing middle class, China is a scarily huge market...
Since 2000, China has become the "new" USA. How much US debt do they own now? :(
So much for the new US plant and more "jOBS" in the US. I have the horrible feeling new jobs in the US will quickly become low paying assembly line jobs. Soon Foxconn will own small US cities and become the #1 employer. China owns us now, might as well start waving those red flags and learning Mandarin and Min.
79 months ago
Like it or not, sooner or later, profits from the Chinese market will overtake APPLE's domestic market, so it's definitely smart of APPLE to have positioned themselves so well in that regard.
Wonder how those talks with CHINA MOBILE are going; a deal there, could really explode the sale of cell-enabled iOs devices!
Like it or not, uppercase letters will soon overtake lowercase letters in your posts.
79 months ago
Apples involvement in China will be extremely positive and beneficial for Apple in the future. Defitnetl has potential for China to be biggest revenue maker country, more then in the US
79 months ago
You don't knowing Chinese. They only buying Apple because it was cool but now the news is Apple is losing market, stock going down. Chinese will no buying Apple soon because they don't want be called losers. I looking at Shenzhen store and seeing large store but few people walking out with Apple shopping bags. I talking to people and they talking about Apple going down. Not looking good for future. If Apple closing one store it will be the ending for
Apple. I seeing some new iphone from case manufacturing companies and they looking the same as smaller iPhone. Iphone 5 large screen a big lose for case companies and they now focus on Samsung.
Apple. I seeing some new iphone from case manufacturing companies and they looking the same as smaller iPhone. Iphone 5 large screen a big lose for case companies and they now focus on Samsung.
79 months ago
Sadly it isn't. But look at the crowd: :eek:
Image (http://cdn.thenextweb.com/wp-content/blogs.dir/1/files/2012/10/photo-9-645x250@2x.jpg)
Wow... @_@
----------
So what happens when China boots Apple out of China and makes it's own Apple...
[ Read All Comments ]
For this week's giveaway, we've teamed up with Tap to give MacRumors readers a chance to win one of the company's wearable keyboard setups, which Tap believes will be the keyboard of the...
Eve (formerly known as Elgato) was one of the first companies to come out with HomeKit accessories when HomeKit was announced in 2014, and since then, Eve has been expanding its portfolio of...
There are a few notable flash sales going on today, including a discount on a refurbished model of Apple's HomePod smart speaker. The speaker is on sale for $234.99, $115 off from its...
Apple is teaming up with Chinese payments company Ant Financial Services Group, along with several local banks, to offer local customers interest-free financing on iPhones in China (via Reuters)....
OWC this week announced a neat and tidy solution for quickly disconnecting multiple drives from any OWC dock, with the release of a free Dock Ejector utility.
The Mac app lives silently in...
Well-known cable and accessory maker Monoprice today introduced a new sale on Thunderbolt cables, with discounts reaching as much as 35 percent off of original prices during the limited-time event....
Parallels this week debuted a new promo bundle for both new and current users, offering a chance to buy or upgrade to Parallels Desktop 14, and then get ten other Mac apps for free. New owners can...
Over the past few weeks, a handful of users have reported receiving the message "an error occurred" when attempting to load the "For You" tab in iTunes, which provides personalized...
