Apple has released record iPhone sales in China, highlighting that despite reports of Chinese consumers pulling back due to the economic slowdown, they increasingly view the smartphone as an essential item. The company said it sold more than 10 million iPhones during its first quarter this year, up from just over 5 million a year earlier.
Apple has released record iPhone sales in China, highlighting that despite reports of Chinese consumers pulling back due to the economic slowdown, they increasingly view the smartphone as an essential item. Apple's results beat estimates, with sales in Greater China, including Taiwan and Hong Kong, nearly doubling for 3Q2015, accounting for nearly a quarter of the company's total assets.