Apple Sets a China Sales Record Despite Rising Costs
Technology · First reported 3 Nov, 01:08 · Updated 01:46
Apple reported record sales in China for the September quarter. Greater China revenue rose 21%, driven mainly by the flagship smartphone series, while rising component costs and soft consumer demand remained challenges.
- Apple reached a new sales record in China in the September quarter.
- Revenue in the greater China region grew 21% to a new high, driven primarily by Apple’s flagship smartphone series.
- Rising costs for components such as memory and soft consumer demand were noted alongside the sales record.
Summary written by Lux AI from 2 articles
Key facts
- Period
- September quarter
- Region
- China; NDTV specifies greater China
- Revenue growth
- 21% in greater China
- Main stated driver
- Apple’s flagship smartphone series
- Cost pressure mentioned
- Components such as memory
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