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Apple eyes perfect 10 with rebound

  • Author:Jordan
  • Source:www.szdingrun.com
  • Release on :2017-11-04
Strong revenue growth in the third quarter has ended Apple Inc's declining streak of six consecutive quarters in China, the world's largest smartphone market.

Revenue from the China market was $9.8 billion, up 12 percent year-on-year and up 22 percent sequentially.

The quarterly rebound shows the Cupertino, California-based company is responding well in China to mounting competition from Huawei Technologies Co Ltd and other local smartphone makers, market mavens said.

Tim Cook, Apple's CEO, said on a conference call: "We increased market share for iPhone, Mac and iPad during the quarter. We hit all-time revenue records for services for China."

The glad tidings coincided with Friday's start of sales in China of the tech giant's most-advanced iPhone X (pronounced iPhone Ten).

The gadget's expensive price tag-up to 9,688 yuan ($1,462)-does not appear to have intimidated Apple fans, market insiders said.

No huge crowds gathered outside Apple stores in cities like Shanghai, but that was because most buyers placed pre-sale orders online, which is considered a surefire way to get the gizmo on the launch day.

But not every such consumer was successful.

The above news was excerpted from china daily by China towel supplier Shenzhen City Dingrun Light Textile Import and Export Corp.Ltd, a company specialized in producing baby diapers, baby bibs, beach towel, blankets, bath towels, tea towels, compressed towels, microfiber towels etc.