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Apple Annihilates the Fear Factor about iPhone Sales in China


Apple's iPhone defies the Rules of Economic Gravity in China


Slowdown? What slowdown? Apple reported blockbuster iPhone sales in China, suggesting that worries about the company's growth trajectory in the world's second-largest economy are overdone. Apple's shares rose nearly 3 percent in early trading on Wednesday. The stock has lost about 7 percent of its value in the past three months as investors fret that the slowing Chinese economy would derail Apple's successful run in the country. Apple's sales in Greater China, including Taiwan and Hong Kong, nearly doubled in the third quarter, accounting for nearly a quarter of the company's total sales.



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