According to UBS AG's estimate, Apple sold 69.3 million iPhone in the last quarter. Sales in China account for 35% of the total, much more than the 24% of US. China has become Apple's biggest consumer markets for the first time.
Steven Milunovich, UBS's analyst, said demand for iPhone in China increased rapidly. Sales in China account for only 22% in the same period of last year.
The US was the biggest consumer market for iPhone.Sales in the US account for 24%, lower than 29% of last year.
The data from Cook, Apple's CEO, shows that the 15 Apple retail store receives 750000 consumers every day. Apple plans to add another 25 retail stores in China. It's said that Cook claimed China would be Apple biggest client
Source:
