Apple Claimed to Open 40 More Stores in China next Year

Owing to the double increase in iPhone and Mac, Apple has created the best second quarter in the history. After the financial results, both the CEO of Apple Tim Cook and the CFO of Apple Luca Masterly attended the telephone conference.

According to the report, we found several highlight data below.

1.      The average price of iPhone is 659 dollars which increased 62 dollars than earlier years. Besides, the quantity of users of iPhone from other platform has made a new record.

2.      Mac has increased by 10% than the earlier year, and the growth of Chinese sale was 31%, which all surpassed the performance of the whole markets.

3.      The sale of iPad in Chinese market has created the amazing highest record in the history.

4.      The sum of guest flow in retail store has increased by 22%. Last quarter Apple opened 6 new stores in China. Forty stores will be opened in Greater China.

5.      The revenue of App Store has grown by 29%. What’s more, the revenue of China even doubled.

6.      The quantity of Apple Watch has reached 3500 and the users almost gave positive evaluation to these Apps.

7.      The cash balance of Apple last quarter is 194 billion dollars, of which 171 billion dollars is offshore cash.    

Apple Has Been the Largest Technology Brand with the Annual Income of 370 Billion Dollars

Nowadays china has been an important market of American Apple Corporation. Plenty of business index showed that China is surpassing America, being the largest market of Apple.

Nevertheless one marketing research organization compares Chinese business of Apple to an independent technology corporation. And this “Apple Chinese corporation” has surpassed local rivals Lenovo and HUAWEI in revenue, becoming the largest domestic technology corporation of China.

According to the report of American technology news website Venture Beat, everything involved with Apple has been popular among Chinese people, such as smart phones, tablets and ultrabooks.

With the ability of purchasing enhancing especially in the field of fashionable electric products, China has been the largest beneficiary of Chinese bonus.

Newzoo, a marketing research corporation, pointed that the annual income of Apple in China has reached up to 37 billion dollars, being the largest technology brand of China.

The revenue of Apple in China has surpassed the Chinese internet tycoon-Tencent and twice as much as HUWAWEI’s 17.5 billion dollars and Lenovo’s 14.7 billion dollars.

The huge gap in income indicates that Apple has been the trend leader of Chinese market. As for the developers of game market, it is a wise choice to develop iOS games for Chinese players.

Actually the huge income of Apple from Chinese market doesn’t result from the sale number of electric products. It is high end products with high price that help Apple succeeded. Apple products have been the symbol of social status with more and more people edging the upper class.

Peter Warman, the CEO of Newzoo said that Apple launched the iPhone 5s and cheaper iPhone 5c in 2013, which was considered as the special designing by Apple for Asian market especially China.

 

However, the hottest product is not iPhone 5c but the high end iPhone 5s with higher-price and the subsequent iPhone 6 and iPhone 6 Plus, Apple tablets and ultrabooks included.