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Author Topic: Why Apple is winning in China  (Read 192 times)
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« on: May 03, 2014, 02:00:15 pm »

Why Apple is winning in China

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Just seven months ago, Wall Street was in a panic over Apple’s China prospects, fearing that the company’s newest iPhones were neither cheap enough nor exciting enough to drive sales.</p><p>
Those investors and analysts may be singing a different tune now, as Apple’s China earnings buoyed the company and helped it beat Wall Street estimates last quarter. And there are signs that the best is yet to come.</p><h2>Growth market</h2>
According to Apple’s Q2 2014 earnings statement, net sales in China reached a record $9.3 billion last quarter. That’s a year-over-year increase of 13 percent in China, compared to just a 5 percent increase for revenues worldwide.</p><p class="jumpTag"><a href="/article/2150281/why-apple-is-winning-in-china.html#jump">To read this article in full or to leave a comment, please click here[/url]</p></section></article>

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