Apple's (AAPL) Cook Said Carriers Make Up iPhone Subsidies with 24-Mo. Contract; Co. Reported $7.9B in Sales in China in Q2
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EPS Growth %: -18.0%
Financial Fact:
Research and development: 1.01B
Today's EPS Names:
MPAA, LTON, KFY, More
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Speaking on the conference call, Apple's (Nasdaq: AAPL) Tim Cook said the company had $7.9 billion in sales from China during Q2.
Related to phone sales, Cook said carriers make up iPhone subsidies with the 24-month contract. He said the iPhone helps carriers entice customers to upgrade.
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Related to phone sales, Cook said carriers make up iPhone subsidies with the 24-month contract. He said the iPhone helps carriers entice customers to upgrade.
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