CEO Cook On China In Q3: Apple Had $5.7B In Sales, Still Growing At ‘Incredible’ Rate
Ingrid is a reporter for TechCrunch, joining February 2012, based out of London. She comes from paidContent.org, where she was a staff writer, and has in the past also written freelance regularly for other publications such as the Financial Times. Ingrid covers mobile, digital media, advertising and the spaces where these intersect. When it comes to work, she feels most... ? Learn More Apple today noted in its earnings call for Q3 that two-thirds of its Asia Pacific revenue is coming from Greater China at the moment. CEO Tim Cook noted that revenues in the country were $5.7 billion for the quarter, 48 percent increase on last year, and still growing at an “incredible rate.” To date Apple’s revenues in China for the year now total $12.4 billion. To compare, in 2011 the company made $13.3 billion in China. Nevertheless, Asia Pacific was actually the only region where Apple saw declines in hardware sales in Macs. These were down to 593,000 units, four percent year on year in terms of Ma...