Apple's earnings in China drop nearly 30% in Q4
Apple has revealed it achieved $7.9 billion in sales in China, down considerably from last year’s $11.1 billion. However, Tim Cook says that was better than Apple’s expectation.
During its fourth quarter 2020 financial earnings call, Apple announced that its earnings in China were down $7.9 billion. That’s a drop of 28.9% from this time last year when it earned $11.1 billion, and is also less than last quarter’s $9.33 billion.