"We still visualize it as a possible extremely exciting market," Cook said by carrying out a business call with analysts held after Apple disclosed its hottest earnings.
Related storiesApple sells 26.9M iPhones in last quarter, up 58 percent each year iPad grabs even more than 70 % of China's tablet users Apple's smartphone Louis Vuitton iPhone 5 Case share in China plunges Apple CEO Cook meets with Chinese government officials Apple hypes largest Asia store yet, when it looks to get rid of ChinaCook testified that Apple's revenue in China throughout the last month or two was $5.7 billion, the bulk of its overall Asia-Pacific revenue of $7.5 billion. Apple's total China revenue for the fiscal year ending last month was $23.8 billion, he explained, now making up even more than 15 percent about the company's total sales.
While the iPad may be popular in China, the iPhone is hardly a market leader around the world's most populous country, Chanel iPad Mini Case which now accounts for approximately 27 percent of global smartphone sales. America, in comparison, represents only 16 percent.
A report by analysis firm IHS in August said the iPhone become No. 7 in China, behind typically more cost effective devices from Gucci Galaxy S3 Case Lenovo, Coolpad, Huawei, Nokia, and ZTE. Samsung consists of a sizable 20.8 percent share of the market, andAndroid powers a commanding 81 percent of China's smartphones.
Even worse for Apple, the iPhone's business -- though the labyrinth was to the iPhone 5 was announced -- has slipped by nearly half, to Ten percent, adjusted August.
Cook predicted theiPhone 5 will ship to Chinese customers in December. "I feel great about where we have become over a manufacturing ramp," he explained. "The supply output is significantly over October."
The iPhone continues to be available for sale in China since late 2009.
In March, Apple confirmed that Cook was visiting China to meet with government officials, in which he was spotted on the Joy City Apple Store in Beijing. Back, Apple announced the latest three-floor store in Beijing, which is to be its largest in Asia.
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