| MoHasanie said: Wow, the Chinese market for Apple is almost as big as the Europe market! I wonder if it could eventually overtake the Americas as Apples biggest source of revenue? |
Sure. The US smartphone market is approaching saturation, while the Chinese market is still growing strong. Furthermore, incomes are rising faster in China, and the country is extremely attracted to status brands like Apple.
As a country, China is already poised to overtake the US as Apple's biggest customer. China + Japan earns Apple more revenue than the entire western hemisphere:
As an interesting contrast, Google earns 86% of its revenue from USA + UK. Advertising doesn't seem to be worth much in developing countries. Or even the non-English developed world.
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