Sales in China Are Way Up
Speaking of China, Apple saw even more growth in that market specifically, with its earnings increasing by 87.5% over last year, to $17.7 billion in total.
Cook shared that customers in Greater China have responded very well to the iPhone 12 family, particularly with the addition of 5G support. Apple has been attracting a wealth of new customers in that country, which bodes well considering the overall size of the market.
In fact, Greater China and the Asia Pacific region saw the most dramatic growth overall, with a 94.2% increase across the entire region. The Americas gained only 34.7%, while Europe was at 55.8% and Japan was 48.7% over last year.