Report: Apple sold more iPhones in China than in the US for the first time

News / Mobile phones

Report: Apple sold more iPhones in China than in the US for the first time

  • 2015-02-13 13:00:40
  • 77
News / Mobile phones Report: Apple sold more iPhones in China than in the US for the first time

Apple will be reporting its fourth quarter financial results tomorrow, and many analysts expect the company to announce that for the first time it sold more iPhones in China than it did in its home market, the United States. 

According to various analysts, there were two key turning points in China overtaking the US as the biggest market for Apple. Firstly, the Cupertino company entered into a partnership with China Mobile last year, the biggest carrier in China and the world, which opened the gate for millions of new customers for Apple. Secondly, the launch of the new iPhones with bigger screens, something which has long been wanted by many potential iPhone buyers.

Analysts from UBS predicts that China constituted 36 percent of the total sales of the iPhones in the last quarter for Apple, while the US constituted only about 24 percent. During the same period last year, China and the US made up about 22 and 29 percent of the total iPhone sales, respectively.

The smartphone market in China is still dominated by Chinese OEMs like Lenovo and Xiaomi. Samsung was the number one smartphone OEM in the country until early 2014, but was toppled by Xiaomi in the second half of the year. However, Apple has made significant inroads into the Chinese market over the last few years and continues to do so.

Apple’s SVP of Online and Retail Sales, Angela Ahrendts, has already confirmed that the Cupertino company plans to open up 25 retail stores in China over the next two years, with five of them being opened before the upcoming Chinese New Year in late-February.

It was only last week that Apple threw open the door of its Westlake Apple Store in Hangzhou, China — the company’s largest retail store in Asia.

[Via Financial Times]




Categories: Mobile phones

Post a new comment