Apple Sold More iPhones In China Than US

Apple has announced that it has sold more iPhones in China than in its home US market for the very first time during the quarter that ended March 31.

The company registered a 71% increase in revenue to $16.8 billion in China alone, helped by the gift-buying for the Chinese new year.
It isn’t just the rich Chinese people that are fuelling Apple’s growth in the country, but as CEO Tim Cook put it, growth in the country is being fuelled by the expanding middle class.
Overall, Apple sold 61.2 million iPhones in the quarter which is a 40 percent increase over sales in the same quarter last year. However sales didn’t quite match the previous record-breaking holiday quarter.
Sales of the iPhone 6 and 6 Plus have helped Apple beat Korean giant Samsung as the world’s largest smartphone manufacturer in the last quarter, but it will be interesting to see how the introduction of the Galaxy S6 and S6 Edge pan out in the market.
Apple did not however reveal any sales figures for its newly launched Apple Watch, but did say that there continued to be more demand than supply, making for an exciting start to the current quarter.

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