Chinese demand for Apple’s big-screen phones fuel sales growth
By Bill Rigby SAN FRANCISCO (Reuters) – Apple's large-screen iPhones are a big hit in China, taking market share from Samsung and selling at a pace that may make China a greater source of revenue than the Americas for Apple in coming years, analysts said. The world's most valuable consumer electronics company reported on Monday a 71 percent increase in sales in China to $16.8 billion, driven by its new, bigger iPhone 6 and 6 Plus. In the first three months of the year, for the first time, Apple sold more iPhones in China than in the United States. Consumer demand for the newest electronics pushed sales in China to 29 percent of total global sales for Apple in the first quarter, compared with 21 percent a year ago.