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21% of Apple's quarterly revenue was from China. China is not well-known as one of the richest parts of the planet.
by whatok 8y ago
21% of Apple's quarterly revenue was from China. China is not well-known as one of the richest parts of the planet.
- seanmcdirmid 8y agoChina has a lot of rich people even if they are far from a majority. It isn’t poor taxi drivers and ayis using iPhones, but more like those who are driving black Audis.
- antris 8y agoApple is luxury in China too. Do you really think it's the average Chinese that are buying iPhones?
- monocasa 8y agoA worker at Foxconn has about the same discretionary income as blue collar workers in the states; their food and housing is covered by Foxconn, but isn't normally listed as part of their salary. Now, albeit, they're slightly on the higher end of Chinese workers, but it's not just the shitty aristocrat's kids spending money on iPhones. The people making the things make enough money to buy one, just the same as my hairdresser does.
- antris 8y agoIn that case Foxconn isn't an example of an average company paying average wage. The disposable income per capita in China was 36396 chinese yuan in 2017, which makes a little over 400 USD per month. Median disposable income is even lower. You're not even close to buying iPhones with that kind of wages.
- AstralStorm 8y agoThat is now, not back when it was launched.