The Traderszone Network

Published in TZ Latest News 27 April, 2015 by The TZ Newswire Staff

China iPhone sales boosts Apple; shares up modestly

Apple’s iPhone sales in China soared, increasing its revenue in the country 71 percent to $16.8 billion, although that was helped by gift-buying for Chinese New Year. Chief Executive Tim Cook said that China’s expanding middle class is fueling iPhone sales there, which is the bulk of the company’s sales.