Monday, July 30

iPhones make Chinese eyes light up

Ask about Apple inside China and you hear little but praise. It is one of the most admired brands in the Middle Kingdom. A survey last year by researchers at Stanford University found that iPad penetration was greater at an elite high school in Beijing than at one in Palo Alto, California. In the first quarter of this year Apple earned $7.9 billion in greater China, making it the firm’s second-biggest market.

In short, Apple’s products are selling fast and likely to sell even faster. Some predict that China will overtake America to become Apple’s largest market within a few years.

Read more here