Apple Inc will continue "to invest" in China to tap 4G technology and a growing middle-class market although its Chinese sales grew slowly in the latest fiscal quarter.
Revenue of Apple China rose 14 percent year on year to USD18.4 billion in Apple’s first fiscal quarter ended on December 26, below Apple China’s nearly 100 percent growth in the previous quarter.
But the growth in the China market, its second-biggest regional market, was still higher than the 1.7 percent expansion globally in the quarter. Apple’s revenue in China accounts for 24 percent of its global income.