Chinese consumers push Apple to record second quarter in China thanks to 5G iPhones
- CEO Tim Cook said the Californian giant saw robust demand for iPhone 12 models during the three months ending March
- Chinese consumers cited uncertainties around Huawei as a reason for switching to Apple handsets
Revenue in the region climbed 87.5 per cent to US$17.7 billion, Apple’s highest-ever revenue for its fiscal second quarter in Greater China. It accounted for nearly 20 per cent of Apple’s global revenue during the period, which included the Lunar New Year holiday.
The company was “especially pleased by the customer response in China to the iPhone 12 family”, Apple chief executive Tim Cook said in a conference call with analysts, adding that the top two bestselling models in urban China in the quarter came from the company.
China shipped a total of 167.5 million 5G handsets in 2020, making up more than half of the smartphones shipped in the market, according to data from research firm IDC.
Cook also noted that strong double-digit growth was recorded across all product categories. “About two-thirds of the people buying Macs and iPads were buying them for the first time. And so we’re attracting some new customers in China, which is really important to us,” he said.