Zhongguancun Online News: Apple CEO Tim Cook recently answered questions from UBS analyst David Vogt in the earnings call and introduced Apple's achievements in the Chinese market.
It is understood that Apple's revenue in the first fiscal quarter was $123.9 billion, an increase of 11% year-on-year; net profit was $34.630 billion, an increase of 20% year-on-year. Apple's revenue in China grew 21 percent in the fourth quarter of last year, delivering record revenue, record number of upgrade users and double-digit growth in the iPhone business.
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![Sales dominate the list, the market value exceeded 3 trillion, the three reasons behind Apple's "great reversal" in the Chinese market[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)