iPhone becomes top smartphone brand in China as Apple smash records

Apple financial reports
With the latest quarterly financial reports from Apple revealing the largest quarterly profit ($18 billion) in corporate history, the company has broken quite a few records as shares skyrocket after the announcement this week.

At the end of 2014 Q4, sales in China grew with a 70% increase in revenue (Y-o-Y) and this could be credited to the strong demand of the iPhone 6 and iPhone 6 Plus.

Research analyst Canalys reports that Apple has gotten the biggest market share in China during the said quarter. Respectively, Xiaomi, Samsung and Huawei were the major competitors to the Cupertino outfit.

“The incredible popularity of the iPhone 6 and 6 Plus in China in Q4 2014 has led Apple to take first place in the Chinese smart phone market for the first time by units shipped,” the analyst said.

Apple’s Chief Finance Officer, Luca Maestri, also revealed that China is not the only market where the iPhone is doing well, “Sales doubled year-over-year in China, our second largest iPhone market, as well as in Brazil and in Singapore.”

Charles Borrowmeo

Web designer, Internet marketer and blogger. I love listening to hip-hop, soul and R&B. When I'm not surfing the Internet, you'll find me playing video games, skating or watching football (die-hard Chelsea FC supporter).

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