Comment on Apple Will Announce It Has Sold More iPhones In China Than In The US (AAPL)

Apple Will Announce It Has Sold More iPhones In China Than In The US (AAPL)

Apple will announce this week that it sold more iPhones in China than in the US for the first time last year, the Financial Times reports. This would confirm an earlier analyst note from UBS' Steven Milunovich, who said "recent data suggests that iPhone demand saw outsized growth in China, even finding that China could constitute as much as 35% of shipments in the quarter compared with 22% a year ago." Apple has been steadily ramping up its efforts in China over the last few years.

 

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