Tuesday, September 13, 2011

For Apple, China Looms Large

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Apple’s decision to make China top priority in its global expansion is proving increasingly prescient. The company’s four Chinese outlets are already among the most heavily trafficked Apple stores in the world. And they generate blockbuster sales and profits. For the first three quarters of fiscal 2011, Apple’s revenue in greater China topped out at $8.8 billion, a six-time multiple over a year earlier.

Posted via email from Inspiration

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