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Wow. Will next year China be a bigger share of the revenue than the entire Americas?
by jstsch 11y ago
Wow. Will next year China be a bigger share of the revenue than the entire Americas?
- randomname2 11y agoActually in China the Apple euphoria appears to have ended, Greater China sales fell by 21% from $16.8 billion to $13.2 billion, which is part of the reason AAPL stock is currently down 7%.
- puranjay 11y agoWasn't that due to the Chinese New Year last year?
- hebdo 11y agoShouldn't new year be every year?
- jstsch 11y agoYou shouldn't compare Q3 2015 to Q2 2015, but to Q3 2014. Otherwise seasonal effects and things like product launches play too big a role. The iPhone 6 has been out for some time, for instance. Sales of that taper off a bit after release.
- seanmcdirmid 11y agoThis oh this. The Chinese market has its own holiday season, why would you compare Q1 to Q2?
- charlesarthur 11y ago"Greater China sales fell by 21% from $16.8 billion to $13.2 billion" That's reading sequential quarters, which pretty much nobody in finance (who wants to be taken seriously) does, because it overlooks seasonal factors. The year-on-year figure (which serious financial people do use) is up over 100% from $5.9bn. The stock market maybe is concerned that China is too important and that if its stock market is plunging, so will sales of Apple stuff.