Apple Inc.’s newest document vacation quarter got here partly due to pleasure for the iPhone 13 in China, the place homegrown Huawei Applied sciences Co. has seen a decline in its market share following U.S. sanctions.
Larger China income rose 21% to a document $25.8 billion throughout the quarter ending in December, the Cupertino, Calif., tech large stated Thursday. That outpaced its general income progress of 11% to $124 billion, its slowest year-over-year rise in additional than a yr.