The Straits Times
Published on Jan 11, 2013

Apple sees China becoming biggest market: Report


SHANGHAI (AFP) - Apple Chief Executive Tim Cook, on his second visit to China in a year, said he expects the country to surpass the United States as the technology giant's largest market, state media reported.

Mr Cook said Apple would launch new products in China, but declined to comment on reports that the company is planning a cheaper iPhone for emerging markets like China, the official Xinhua News agency reported late on Thursday.

"China is currently our second largest market. I believe it will become our first. I believe strongly that it will," he told Xinhua in an interview.

Apple said it sold over two million iPhone 5 handsets in China within three days of its launch on Dec 14 last year.