Apple sees big boost from Asia Pacific growth

Apple sees big boost from Asia Pacific growth
Apple’s March quarter shows an interesting reversal of certain key December quarter growth patterns: Asian growth outside of China was reignited with real vim, while growth in China is sputtering badly. Apple’s ability to beat both earnings and revenue estimates during the past quarter hinged largely on its big Asia Pacific growth recovery — the annualized revenue growth in Asia excluding China exploded to 26% from just 10% during the December quarter.

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