Apple sales surge in China, claims Tim Cook

Apple, the consumer electronics giant, continues to enjoy rapid sales growth in China which now delivers 15% of its global revenues, and offers considerable room for further expansion.

Speaking on a conference call with analysts, Tim Cook, Apple's chief executive, reported that total returns from China hit $23.8bn during the last 12 months.

This constituted an annual increase of 78%, or an additional $10bn, a performance Cook suggested was "really phenomenal when you think about it".

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"We continue to see it as a extremely exciting market with more and more people wanting Apple products," he said.

As a result, the country today contributes 15% of worldwide revenues, which reached $156bn in the last financial year. "We're extremely happy with how we've done in China," said Cook.

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Posted in: Apple, Business, China, News, sale, Tim Cook