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Technology Stocks : Apple Inc.
AAPL 259.06-0.5%Jan 8 3:59 PM EST

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From: Moonray4/16/2014 8:39:21 AM
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Apple’s App Store Revenue In China Grew By 70%

We know that Apple was eager to get their phones into China, especially when it meant that they could sign
a deal with China Mobile which was not only the country’s larger carrier, but also one of the largest carriers
in the world, thanks to China’s population which gave it a huge amount of customers.

Now we know that this meant that Apple could essentially sell more iPhones to the Chinese public, but it

also seems that this has managed to help increase the revenue from the iTunes App Store. According to
reports from apps analytics firm, App Annie, it seems that App Store revenue for China has seen an
increase of 70% in Q1 2014.

More at: ubergizmo.com

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