Apple's China revenue grows despite late iPad launch

iPhone sales in mainland China continue to boom, growing by more than 100 percent year-over-year in the fiscal third quarter

Apple's revenue for China saw robust growth in its fiscal third quarter, as iPhone sales continued to boom, even though the company delayed the launch of its new iPad in mainland China.

For the quarter ended June 30, revenue for "Greater China", which includes the mainland, Hong Kong and Taiwan, reached US$5.7 billion, said Apple's CEO Tim Cook during a Tuesday earnings call. This was a 48 percent increase over the same quarter last year.

The company's revenue for the quarter was however down by 28 percent from the previous quarter, when Apple's Greater China revenue reached $7.9 billion. Revenue in the previous quarter was boosted by the launch of the iPhone 4S in January, first through carrier China Unicom, and then China Telecom in March.

Apple's fiscal third quarter also proceeded without the launch of its new iPad in mainland China, with sales of the device having started less than a week ago or four months after they began in the U.S. The company recently resolved a trademark dispute over the iPad name with a local Chinese company, which had wanted to get the tablet banned from being sold in the country.

Apple's iPhone sales, however, continue to grow "at incredible rates" in mainland China, increasing in the quarter by more than 100 percent year-on-year, Cook said. Revenue in the country was unaffected by China's slowing economy, he added.

"We remain really confident about our plans and are very excited about our opportunity in China," Cook said.

Apple has previously said China has become the company's second largest market after the U.S. Reflecting the country's growing importance, Apple announced several China-specific additions to its products in June, including Mandarin language support for Siri, and allowing new versions of its operating systems to easily connect with popular social networking and Internet services in the country.

Previous Apple product launches in the country have created massive lines outside company stores. But for last week's new iPad launch, Apple used instead a new online reservation system to avoid the skirmishes that have occurred at previous launches. New iPad sales in the country, however, could lag behind the sales of the iPad 2, given the late launch, according to analysts.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Michael Kan

IDG News Service
Show Comments

Cool Tech

Breitling Superocean Heritage Chronographe 44

Learn more >

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?