“Apple’s decision to make China top priority in its global expansion is proving increasingly prescient,” John Paczkowski reports for AllThingsD.
“The company’s four Chinese outlets are already among the most heavily trafficked Apple stores in the world,” Paczkowski reports. “And they generate blockbuster sales and profits. For the first three quarters of fiscal 2011, Apple’s revenue in greater China topped out at $8.8 billion, a six-time multiple over a year earlier.”
Advertisement: Limited Time, ends Sept. 20th: Students, Parents and Faculty save up to $200 on a new Mac.
Paczkowski reports, “That’s incredible growth, and to hear tell from analysts, it’s really just the beginning.”
Read more in the full article here.
Wake up and smell the coffee!
Apple’s going to the moon.
In China, that would be wake up and smell the cha (tea).
Yep, China is going to be huge for Apple.
If you think the tip of the iceberg is big, just you wait.
The iceberg is usually bigger than its tip.
@BLN: I bet you like to give away the punchlines for jokes, too.
I’ll bet that you heard that one from your (disappointed) girlfriend.
No kidding !!
Remember when all the talk was about how the iPhone wouldn’t sell in China? http://www.businessweek.com/globalbiz/content/may2009/gb20090518_251230.htm
I was feeling quite pleased about the news until I got to this bit “… and to hear tell from analysts …”.
I was hoping for something a bit more reliable than talk from analysts.
And of course, Apple has all those shiny new Chinese patents, which surely the Chinese government will take great pains to enforce…
Good thing they are no longer selling G4 based systems. Sure would be awkward with that ban against exporting proscribed technology! 🙂