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Apple have had their 'best quarter ever' in China

Apple see success in the Chinese market, claim they have had their 'best quarter ever' in the country

| Business, Financial & Legal News | Posted: Apr 24, 2013 2:33 am

Apple just reported their Q2 2013 earnings, where they saw a hefty $9.5 billion in profits over $43.6 billion of revenue - they also sold bucket loads of iPhones and iPads, but how is their market over in China? Booming, that's how.

 

TweakTown image news/2/9/29902_01_apple_have_had_their_best_quarter_ever_in_china.jpg

 

Apple CEO Tim Cook and CFO Peter Oppenheimer took some time from the earnings call to talk about the increasing market in China - where they were presented with a question about Apple's present, and future access in the country. Even with Apple not selling the iPhone on the biggest carrier in the country, the Cupertino iPhone maker claimed to have their "best quarter ever" regionally.

 

Chinese revenue for Apple was $8.8 billion, up 11% year-over-year. Sales of the iPad grew a huge 138% in the same time frame. Both the iPhone and iPad have seen record sell-through rates in stores throughout China. Apple maintain 11 stores in the country, a number that is set to double in the next two years.

NEWS SOURCE
Electronista.com

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