PAYING OFF IN SPADES: The US tech firm's focus on glitzy stores and high prices helped it post a 70% rise in sales in China in the last three months of 2014 and powered the company to the largest profit in corporate history.
SHANGHAI: Apple Inc has taken the number one luxury gifting spot in China from designer goods maker Hermes International SCA, according to a Hurun luxury report, reflecting the iPhone maker's recent hot streak in the country.
The US tech firm's focus on glitzy stores and high prices helped it post a 70% rise in sales in China in the last three months of 2014 and powered the company to the largest profit in corporate history.
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