Yes, iPhones are sold in China.
Apple is heavily reliant on iPhone sales in China, which represents a significant portion of their overall revenue. China is Apple's third-largest market globally, trailing only the Americas and Europe in terms of total revenue.
Here's a breakdown of Apple's dependence on the Chinese market:
- Significant Revenue: In 2023, China contributed $72.56 billion to Apple's total revenue of $383.3 billion.
- Key Market: China is a vital market for Apple's continued success and growth.
- Market Dynamics: The Chinese market experiences fluctuations and competition which impact Apple's sales figures.
The success and performance of iPhones in China have a direct impact on Apple's global financial results. The company strategically focuses on the Chinese market to maintain its presence and market share.
