Apple looks skyward with iPhones, China

MUMBAI, INDIA: World's most valuable consumer electronics company Apple, which released its Q22015 results, duly acknowleged the contribution of China, which for the first time, overtook the US in iPhone sales.

Sales in Greater China were up 71 percent year-over-year, to $16.8 billion for in Q2; a 4 percent rise over Q1. China is now slowly catching up with the Apple's largest market--the Americas which reported $21.3 billion in sales this quarter. It must be noted that Apple launched its iPhone 6 series in Q1. The iPhones account for almost 70 percent of all of Apple’s revenue.

The three things that pushed the Apple sales skywards were the Chinese New Year, a bigger screen in the new iPhones leading for faster upgrades to the new models.

Mac sales also increased with a 10 percent rise in units sold as compared to Q22014. However, revenue for Mac increased only 2 percent. Unit sales were 4.5 million devices, which accounted for $5.6 billion in revenue.

iPad sales continued to struggle. Sales for Q2 were 12.6 million units; down from the 21.4 million in Q1 amd year-over-year from the 16.35 million in Q22014. This is a 23 percent decline in sales resulting in 29 percent reduction in revenue, with iPad now coming in at $5.4 billion.