Breaking News

Viltrox Introduces AF 35mm F1.2 LAB N FE KIOXIA introduces new mainstream BG8 series SSDs for PC OEMs AMD Launches Ryzen 9 9950X3D2 Dual Edition Processor Beelink EX Mate Pro Unveiled Introducing the Razer Atlas Pro

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Apple's Revenue Boosted By China Growth

Apple's Revenue Boosted By China Growth

Enterprise & IT Jul 23,2014 0

Apple reported a 6 percent rise in quarterly revenue on Tuesday, boosted by a strong performance in in greater China. Apple sold 35.2 million iPhones in the June quarter, a rise of about 13 percent, helped by a strong performance in China.

Chief Executive Tim Cook told analysts on a conference call that Apple's Chinese performance was "honestly surprising." Unit iPhone sales jumped about 48 percent and Mac computer sales rose 39 percent in the June quarter, Chief Financial Officer Luca Maestri said in an interview.

Phones sold there by Xiaomi and other rivals appeared to be grabbing market share mainly from other companies that rely on Google's Android software, he added.

"We have a really good runway in front of us with China Mobile," Maestri said, referring to Apple's main carrier partner in the world's No. 2 economy. "Given our numbers in China, it would seem their success is coming from other Android devices."

Apple forecast revenue of $37 billion to $40 billion this quarter. But whether Apple can again produce a revolutionary new product, something it has not done since the iPad in 2010, remains the central question for investors.

Thwe company is expected to make a play for the wearable device market with a smart watch, dubbed iWatch.

Analysts also expect the company to introduce two iPhone versions this fall, including a 5.5-inch model that thrusts Apple into the market for larger-sized phones that rival Samsung helped popularize.

Tags: Apple
Previous Post
Microsoft's Profit Hurt By Nokia Acquisition, Plans Unified OS
Next Post
European Regulators May Need Extra Concessions From Google

Related Posts

  • Apple introduces AirPods Max 2

  • Apple introduces the new M5 Pro/Max powered laptops and new Studio Display

  • Apple introduces iPhone 17e and new new iPad Air

  • Apple introduces new AirTag with expanded connectivity range and improved findability

  • Apple introduces Digital ID

  • Apple unleashes M5 CPU and new devices

  • Apple debuts iPhone 17, Pro, Max, Air, Watch Series 11, Watch Ultra 3, Watch SE 3, AirPods Pro 3

  • Apple unveils Mac Studio featuring M4 Max and new M3 Ultra

Latest News

Viltrox Introduces AF 35mm F1.2 LAB N FE
Cameras

Viltrox Introduces AF 35mm F1.2 LAB N FE

KIOXIA introduces new mainstream BG8 series SSDs for PC OEMs
Enterprise & IT

KIOXIA introduces new mainstream BG8 series SSDs for PC OEMs

AMD Launches Ryzen 9 9950X3D2 Dual Edition Processor
PC components

AMD Launches Ryzen 9 9950X3D2 Dual Edition Processor

Beelink EX Mate Pro Unveiled
Consumer Electronics

Beelink EX Mate Pro Unveiled

Introducing the Razer Atlas Pro
Gaming

Introducing the Razer Atlas Pro

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Arctic Liquid Freezer III 360 Pro Argb

Arctic Liquid Freezer III 360 Pro Argb

Soft2bet and the unseen hardware that makes instant play possible

Soft2bet and the unseen hardware that makes instant play possible

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed