Tim Cook, CEO of Apple said, “Customer response to iPhone 5 in China has been incredible, setting a new record with the best first weekend sales ever in China. China is a very important market for us and customers there cannot wait to get their hands on Apple products.” Of course China is a very important market to Apple – it is an important market to just about everyone, being the world’s second largest economy and the most populous country around the world.
Just how much more mileage do you think that the iPhone 5 will have in China in the weeks and months to come? Do you think that the 2 million mark is more of enthusiastic folks before reality sets in and they look at the iPhone 5 only to go, “Uhhh, okay.” [Press Release]