China accounts for 15% of Apple's revenue
At a teleconference on Apple’s financial activities, Tim Cook said that in the fourth fiscal quarter of 2012, 15% of the company’s sales were in China.
Last quarter, Apple earned $5.7 billion in the Chinese market. This is 26% more than in the fourth quarter a year ago (recall that the financial year of the Cupertino company begins in October). Curiously, sales in the entire Asia-Pacific region, compared with the results of the third quarter of 2012, on the contrary, fell. If in April-June they amounted to $7.8 billion, then in July-September they amounted to $7.52 billion.
Cook called China “a very impressive market in which more and more people want Apple products.” According to him, in China for the year iPad sales rose by 45%, and iPhone sales – by 38%.
The company’s executive director also noted that in fiscal year 2012, China brought Apple $23.8 billion. Last year, the figure was significantly less – $10 billion.
In the next, Christmas quarter, the company plans to earn (including thanks to China, where the sale of the iPhone 5 will begin) $ 52 billion.