It looks like iPhone sales in China are going to be bigger than in the US
Marcio Jose Sanchez/AP
Analysts from Creative Strategies are predicting Apple sold between 18 and 20 million iPhones in China, compared to between 14 and 15 million iPhones in the US.
This isn't the first time experts have predicted that China will overtake the US on smartphone sales, though. The same expectation surfaced before Apple's previous earnings call. UBS analysts told the Financial Times that China was expected to account for 36% of shipments, versus 24% for the U.S. And another analyst, Ben Bajarin from Creative Strategies, told the Financial Times that he expected that 2 million more iPhones would be sold in China than the US.
Apple is scrambling to catch up with the demand for its products in China. The company has been rapidly opening news stores in the country, opening five new stores in five weeks at the start of 2015.
Nigel Young/Foster + Partners
The shift from the US to China isn't going to be a surprise to anyone inside Apple. CEO Tim Cook previously said that it was "just a matter of time" until China becomes Apple's biggest revenue contributor. And CFO Luca Maestri said that demand for Apple products in the country has "been really off the charts."
Great to meet talented people like Zhang Fan, who helps make iPhone 6 in Zhengzhou. An early highlight of this trip. pic.twitter.com/ALo5d3SiSZ
- Tim Cook (@tim_cook) October 23, 2014
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas