iPhone sales are growing fastest in China:
As fast as U.S. sales of iphones keep growing, it is not the fastest growing region. In “Greater China,” iPhone sales were up 250 percent. Sales of all products across Asia Pacific were up 151 percent to $4.7 billion. In contrast, Europe is a $6 billion region for Apple, and the Americas is $9.3 billion. “Greater China” (which presumably includes Hong Kong, Taiwan and other Asian markets, could soon become Apple’s second largest region.
That’s incredible, and there’s a lot of growth left in China. The current “race” between Android and iOS is only a prelude to what’s going to happen in the next decade.