Apple’s China iPhone sales surpass US for first time
Cupertino beats analysts’ forecasts on revenue, profit
Apple beat forecasts on revenue and profit yesterday after iPhone unit sales in China exceeded those in the US for the first time, Reuters reported.
But the world's most valuable company still did not share figures on the Apple Watch, the first new-category device to be unveiled since Tim Cook became CEO.
The company took $16.8bn in iPhone sales in China, which represented a 71% increase, spurred in part by the Chinese New Year.
Worldwide Apple sold 61.2m iPhones in the first quarter, up 40% from 2014, but predictably down from the record-breaking Q4. It sold 12.6m iPads, down 23% from a year ago. The growth was also fuelled by record sales of Macs and an all-time record performance of the App Store.
"We are thrilled by the continued strength of iPhone, Mac and the App Store, which drove our best March quarter results ever," said Cook. "We're seeing a higher rate of people switching to iPhone than we've experienced in previous cycles, and we're off to an exciting start to the June quarter with the launch of Apple Watch."
Cook also said demand for the Watch outstripped supply, but would not be drawn on exact figures.
"From a demand point of view, it's hard to gauge when you don't have product in stores," he said.