Kings and dragons drive Apple in China, even as iPhone sales stall - News Summed Up

Kings and dragons drive Apple in China, even as iPhone sales stall


(Image for representation, Source: Reuters)Apple Inc has a new China growth driver: animated dragons and warring royals. Apple posted a surprise dip in iPhone sales in the first quarter, and revenue from Greater China dropped for a fifth straight quarter, by 14.1 percent. Revenue from Apple’s China App Store was more last year than that of China’s other app stores combined, according to app analytics firm App Annie. Earlier this year, it also removed the New York Times app from its China App Store after a request from the authorities. Consumers like Wang Chunting illustrate the balancing act Apple faces between iPhone sales and services.


Source: Indian Express May 03, 2017 16:14 UTC



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