The Apple mania continues
Sales in Greater China were driven largely by the iPhone, with revenue for the device climbing 87% (YoY) in the region and 120% in the mainland—where the iPhone 6 was the best-selling smartphone last quarter—compared with 22% growth globally. Half of the consumers in China who bought an iPhone 6 or 6 Plus were buying their first Apple smartphone. The company also saw a 127% rise in App Store revenue, driven by more than 1 million developers in China building for iOS.
Apple’s CEO, Tim Cook is thrilled and said that Apple stores are among the busiest in the world. The company just opened its 25th outpost in the region, with plans for a total of 40 by mid-2016.
Wow! This is what we call appeasing the senses – after all the sale of Apple iPhones defies the ground reality in the country which is obsessed with brands. For once, we should feel good that Apple does not have a single Apple store in India.