By Herman Lai, posted Oct 25, 2012 at 10:19 PM, 489 views,

Tim Cook: iPhone 5 Will Launch in China in December

In Apple’s Q4 results conference call, Tim Cook and other Apple executives are expected to discuss about numbers, iPhone 5 sales, iPad mini profit margins and retail stores. It’s surprising to hear Tim Cook disclosed the launch of iPhone 5 in China on the call, although he did not say which date exactly. But this would warn scalpers in Hong Kong that the iPhone 5 grey market price will gradually drop in the next one and a half months, and it also gives an indication to Chinese scalpers to get ready for the iPhone 5 launch in China. Allegedly, China Unicom will be the first carrier to unveil this product, then China Telecom. More info after the break.

In Apple’s earnings report for quarter 4 of its fiscal year, Tim Cook said that Apple had a “fantastic” quarter in Greater China. The company had a total revenue of $23.8 billion, which was up 26 percent year on year in China, more than double what it made in China in 2011. Breaking down the numbers, Apple saw Mac revenue was up 44 percent, iPad sales up 45%, and iPhone was up 38%. Cook said China was a keen interest for Apple to keep up to date with. In addition, Cook also noted Mainland China, Hong Kong and Taiwan and Macau contributed to a whopping 15% of Apple’s revenues.

Source: TechCrunch