Apple’s growing faster in China than anywhere else in the world

Apple on Tuesday proved once again with its quarterly earnings that it’s practically minting money selling iPhones. The company posted quarterly revenues of $37.4 billion, up six percent from last year, and a profit of $7.7 billion, up 12 percent from last year.

And there’s nowhere in the world that Apple is growing faster than in China.

“It’s very, very exciting what we’re seeing there,” said chief executive Tim Cook on an earnings call Tuesday evening.

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Hayley Tsukayama, The Washington Post via CHINA US Focus http://ift.tt/1z3fZxS