China may have been acting all like anti Google for over a decade now, thus offering minimum opportunities for Google’s Android platform within the mainland, but Apple faced no such barriers. The Cupertino giant has recorded a bumper quarterly sales figure for iPhone in China which has, for the first time ever, surpassed the one clocked in its home market, the United States.
Apple’s sales in China hiked by 71 percent to $16.8 billion in the fiscal second quarter compared with the same period last year, when recorded a $9.84 billion sale. The region also surpassed Europe to become the second-biggest revenue generator overall after the Americas, which recorded $21.3 billion in sales.
Overall,Apple’s revenue climbed by 27 percent to $58 billion, the company said in its just released earnings report. Profit was $13.6 billion, up from $10.2 billion a year ago.
Cook said during an earnings call with analysts-
It was an incredible quarter. I’ve never seen as many people coming into the middle class as they are in China, and that’s the bulk of our sales, and we’re really proud and continue to invest in the country.
Also, Chinese New Year, a big retail season, happened to fell in the same quarter and greatly impacted on Apple’s sale in the country. Also, Chinese have a significant craze for larger displays, which was much featured by the new iPhone models.
Apple also sold 4.6 million Mac computers in the quarter, up from 4.1 million a year ago. Cook said Mac sales in China rose 31 percent from a year ago. However, iPad’s poor run continued, with the tablet’s sales declining for the fifth quarter in a row. The company sold 12.6 million iPads, compared with 16.4 million tablets a year ago.
Apple seems to have big plans ahead for the country and is expanding its operations in the region, with 21 retail stores and plans to increase that number to 40 by mid-2016.