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.

Read more about Apple sale surge in China at Warc

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10 Ways Tim Cook Could Blow it for Apple In 2012

[ via Business Insider ] 21 Dec

Next year is shaping up to be a one of the biggest years in Apple's history. It will be the first full year without Steve Jobs.

While we've grown accustomed to Apple firing on all cylinders and performing well, it's not a perfect company. And a lot of companies hit their peak at some point.

What could happen in 2012 to start Apple's downfall? Business Insider has this special feature depicting some possible scenarios of what can go wrong at Apples in 2012.

1. Let the smartest people walk out the door
2. Release an iPhone 4S II instead of an iPhone 6
3. Release a bad Apple TV
4. Hire the wrong guy to run retail
5. Let iCloud stagnate
6. Issue a dividend or buy back stock
7. Leave the iPad just as it is
8. Let the world's Apple fantasies run wild
9. Just let Android get bigger and bigger
10. Miss the next big thing!
11. BONUS: Try to be Steve Jobs

Read Business Insider for details on each above possible blow up scenarios.

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