Apple's Q1 sales in greater China surged 38% to $25.5B; Tim Cook attributed the increase to users upgrading and switching from other platforms to iPhone 17
Mark Gurman /Bloomberg:
Bloomberg Mark Gurman
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Discussion
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@zerohedge
@zerohedge
on x
In a quarter when Apple's US sales actually missed estimates, and when trade war between China and US hit unseen levels, the Chinese rediscovered a heretofore unknown love for the exact same product they shunned for the 3 previous years.
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@mweinbach
Max Weinbach
on x
Tim Cook on iPhone in China: Greater China also grew 38% year over year, driven by iPhone, which had record upgraders and double digit growth on switchers. Double digit growth on switchers is a huge deal, and not good for Android brands
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@zerohedge
@zerohedge
on x
TIM COOK SAYS IPHONE DEMAND WAS “SIMPLY STAGGERING” TOWARD THE END OF 2025 right.... at a couple of bonded warehouses in Hong Kong
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@zerohedge
@zerohedge
on x
Something very fishy about Apple's China numbers [image]
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@munster_gene
Gene Munster
on x
Holy China. $AAPL up 4% on earnings. China was up 38%. Street was thinking it would be flat to up slightly. Last quarter it was down 4%, and down on average 5% over the past two years. The $25.6B in China revenue essentially ties its all time high at $25.8B in Dec of 2021.
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@teroterotero
Tero Kuittinen
on x
Woah massive iPhone sales in China. Apple really did figure out how to keep it going with minimal product innovation.