Jul 23, 2014 1:22 AM GMT
Apple reached a deal to sell iPhones with China Mobile, the largest wireless network in the world, starting in January. The partnership so far has resulted in healthy growth for Apple in China.
NYT: For Apple, the iPhone continues to be the device that makes the company tick.
While top rivals like Samsung are starting to show weakness in phone sales, Apple sold 35.2 million iPhones in the third fiscal quarter, up 13 percent from the period a year ago.
Healthy sales of Macs also helped fuel the growth, the company said. Apple reported selling 4.4 million Macs, up from 3.8 million in the same quarter last year, beating analysts’ expectations of about 3.9 million.
The strong iPhone sales, thanks in part to a recent distribution deal with China Mobile, offset other, more disappointing results from Apple’s other signature product, the iPad. The company sold 13.3 million iPads, down 9 percent from the year-ago quarter. Analysts had predicted it would sell an average of 14.4 million.