3 ms·

$18B in Q1 revenue and 10% growth in China is nothing to sneeze at... [1]https://qz.com/1195908/apple-q1-2018-record-breaking-earnings-the-iphone-x-and-its-mas

• adventured 9y ago
  That's a particularly strong result given the Chinese smartphone market contracted by 4% in 2017 and has been weak for years. For China's whole smartphone market, 2015 saw 2% growth, 2016 was 11% growth, 2017 was negative 4%. It's likely their market has reached saturation. 2017 should have seen a big jump in sales due to a replacement cycle, given the near zero growth in 2015. Most of the domestic Chinese brands will die off soon, leaving three or so dominant players to go up against Samsung and Apple.
• seanmcdirmid 9y ago
  The iPhone X was designed for the Chinese market, really.