You are here

Visualizing Apple in China

Apple rolled out new products and services this week, so we look at how important China has been to Apple.

September 17, 2020
Print

Subscribe to our weekly newsletter to get them delivered straight to your inbox!


Apple has sold over 2.2 billion iPhones since 2007, many of them in China. Those iPhones (and iPads, etc.) were assembled in China. But for the US$451 experts estimate it costs to make a new iPhone, only US$14 stays in China: US$7 to Foxconn and US$7 to the workers it employs. The iPhone is not as popular in China as in the past. China's workers and its giant phone market helped Apple become the first company worth US$2 trillion. Just two years ago, Apple sold most of the more expensive phones in China. In 2019, however, Apple only won over 9% of China's buyers.

Print
AttachmentSize
PDF icon Apple in China (PDF)2.04 MB