Apple CEO Tim Cook has called China an “extremely exciting market” and highlighted that the Greater China region accounts for 15% of Apple’s revenue in the last fiscal year. Cook also announced a potential release date for the iPhone 5.
[A fantastic Q4] brings us to a full year fiscal year revenue number of 23.8 billion for China which is really phenomenal when you think about it, that’s up over 10 billion year-on-year up 78 percent. […] We are continuing to invest in our own retail stores there, we continue to expand distribution in with channel partners as well.
Asked about a Chinese iPhone 5 release, Cook replied that “we project that it will occur in December.”
Apple has long treated China as something of an unwanted stepchild when it comes to releasing products at the same time as in other major economies. Microsoft’s recent China “pivot” may force Apple into being faster in bringing products to the Chinese market.
[Via: Tech in Asia]
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