GUANGZHOU (China)/SEOUL: Apple chief executive Tim Cook believes that "over the arc of time" China is a huge opportunity for his pathbreaking company. But time looks to be on the side of rival Samsung Electronics Co Ltd, which has been around far longer and penetrated much deeper into the world's most populous country.
Apple Inc last week said its revenue in Greater China, which also includes Hong Kong and Taiwan, slumped 43% to US$4.65bil (RM15bil) from the previous quarter. That was also 14% lower from the year-ago quarter. Sales were weighed down by a sharp drop in revenues from Hong Kong.
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