• Report Claims Apple is Selling More iPhones in China than U.S.

    Back in October of last year, Apple CEO Tim Cook had mentioned that it was “just a matter of time” before China would become a bigger market for the company than the U.S. was. It seems as though for the latest iPhone 6 and 6 Plus devices, that time has come. According to the Financial Times, Apple’s upcoming Q1 earnings call will be confirming that more iPhone devices were sold in the China than the U.S. According to UBS analysts, about 36% of iPhone shipments belonged to China, whereas only 24% accounted for the U.S.

    Analysts at UBS estimate that China accounted for 36 per cent of iPhone shipments in the most recent quarter, compared with 24 per cent for the US. During the same period last year, 29 per cent of units were sold in the US and 22 per cent were in China, UBS said.
    Creative Strategies also noted that the Cupertino-based company has sold more iPhones in China than in the US by approximately 2 million. Although all numbers are just based off iPhones, the company’s flagship device makes up practically half of Apple’s revenue. According to Ben Bajarin from Creative Strategies:

    They will likely do more in China than US from here on out,” he said. “It certainly shows how important the China market is to Apple’s upside.
    China will be getting five new Apple Retail Stores as Tim Cook has already mentioned the company’s plans on expanding in the region. Apple is apparently also in talks with Alibaba to bring Apple Pay to the country as well.

    Source: Financial Times
    This article was originally published in forum thread: Report Claims Apple is Selling More iPhones in China than U.S. started by Akshay Masand View original post
    Comments 6 Comments
    1. SpiderManAPV's Avatar
      SpiderManAPV -
      Did anyone not see this coming?
    1. Eonhpi's Avatar
      Eonhpi -
      Good way to state the Obvious Since there is billions of people in china.

      Sent from space
    1. Darkflame's Avatar
      Darkflame -
      Quote Originally Posted by SpidermanAPV View Post
      Did anyone not see this coming?
      Well when you put "Designed in California, Made at work" on the box you do tend to win a few more hearts.
    1. unsername here's Avatar
      unsername here -
      well duh there's almost 3 billion people there
    1. SpiderManAPV's Avatar
      SpiderManAPV -
      Quote Originally Posted by unsername here View Post
      well duh there's almost 3 billion people there
      Or not quite half that, but you know.

    1. KBI2113's Avatar
      KBI2113 -
      Now we can hope to see more JB's come from China!
  • Connect With Us

  • Twitter Box

  • Facebook