Apple: pay attention to emerging markets, not falling China sales
TechCrunch·2024-05-03 12:02
Apple’s chief financial officer Luca Maestri challenged investor worries over an 8% drop in China revenue, by noting that sales in other emerging markets are growing.
“When we start looking at places like India, like Saudi, like Mexico, Turkey, Brazil…and Indonesia, the numbers are getting large, and we’re very happy because these are markets where our market share is [currenttly] low,” Maestri said Thursday during Apple’s second-quarter earnings call.
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