Apple's earnings in China drop nearly 30% in Q4

Apple's earnings in China drop nearly 30% in Q4

AppleInsider

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Apple has revealed it achieved $7.9 billion in sales in China, down considerably from last year's $11.1. However, Tim Cook says that was better than Apple's expectation.

Tim Cook
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.

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