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Further demonstrating the importance of China to Apple's business,the country has now surpassed the U.S. in terms of smartphonesubscribers, making it the largest smartphone market in the world. The changing of the guard was noted this week by research firm Canalys, which said the arrival of the iPhone 4Sin China in January helped the market move past the U.S. In the first quarter of 2012,China represented 22 percent of global smartphone shipments, whilethe U.S. accounted for 16 percent. Just a year earlier, the roles were flipped: It was the U.S. thataccounted for 22 percent of smartphone sales, while China wasbehind it with 16 percent. Total smartphone shipments grew 45 percent year over year to 146million units, but shipments in the U.S. rose just 5 percent yearover year. Shipments in China doubled during the same period,allowing it to overtake the U.S. To further show how the market has shifted, Canalys revealed thatout of the top 10 countries where smartphones are sold, half ofthem are now located in the Asia-Pacific region. Shipments in theAsia-Pacific region grew a whopping 81 percent year over year inthe first quarter. The iPhone accounted for 19 percent of all smartphones shipped toChina in the first quarter of 2012, making the company second onlyto Samsung, which took a 22 percent share of the market. Two-thirdsof smartphones that shipped in China in the first quarter werebased in China. The importance of China to Apple was apparent in the iPhone maker'smost recent quarterly earnings conference call, in which ChiefExecutive Tim Cook revealed that iPhone sales in Greater China were five times greater during theMarch quarter of 2012 than they were a year prior. Apple's success in China also goes beyond the iPhone, as thecompany's much-touted "halo effect" also pushed Mac sales up 60percent year over year during the last quarter. Cook said heconsiders it "mind boggling" that Apple could do so well in China,where revenue for the quarter was $7.39 billion. "China has an enormous number of people moving into higher incomegroups. The e-commerce company in China offers quality products such as China Ophthalmology Instruments , Portable Blood Pressure Monitor Manufacturer, and more. For more , please visit Stainless Steel Surgical Instruments today!
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