Apple sales in China bounce as the economy reopens, but the next few months could be tough
A man cycles past a closed Apple store in Beijing on February 8, 2020.
Greg Baker | AFP | Getty Images
Apple sales in China continued to recover in April, thanks in part to the release of a cheaper iPhone.
It comes as the world’s second largest economy slowly reopens again after the coronavirus forced store closures earlier this year that caused sales to plummet.
Still, analysts cautioned the U.S. technology giant could face a rocky road ahead in one of its most critical markets — China.
Data from numerous sources collated by CNBC painted a positive picture for Apple since February, the height of the coronavirus outbreak in the country.
Sales for the iPhone in China dropped a staggering 60% year-on-year in February this year. Apple was forced to close stores for a number of weeks as authorities sought to stem the spread of Covid-19. …continued .
[Source: CNBC News]