One of the most remarkable numbers revealed by Apple in its financial results, were the income in China, since more than duplicate in the last year. Year-over-year revenue in China is double, compared to Apple's already impressive growth worldwide of a 33%.
After reading on, we show you a chart where is observed la la comparison between China, America and Europe. We see that the growth in China is abysmal, and the growth of Europe and America is seen overshadowed by the financial results of the eastern country.
Of course it is not just about growth, you also have to look at the absolute numbers. Greater China is now the largest market for Apple than the whole of Europe, $ 13.2B against $ 10.3B. These numbers amaze anyone.
The Americas so far they are still significantly higher with about $ 20.2B. However, the company believes that there is much more to come in China, as Tim Cook made it clear during the latest financial results that are made every three months.
I think China is a fantastic geography with an incredible level of expansion, unprecedented opportunities.
But the most important factor is that, for the china success As a major economic powerhouse, it remains somewhat of an emerging economy. Tim Cook said that a recent study of McKenzie, showed that growth was going to be beastly, and more in the long term.
La upper middle class is currently the one that buys Apple products. If that demographic expands in line with or near the predictions, Tim Cook said China will at some point will surpass the Americas. This is already on the way, since growth currently as we see in the graph is of 65%, and it is too early to predict what lies ahead.