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Apple CEO: China will be biggest market


February 20. 2013 1:37AM
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(AP) Apple CEO Tim Cook has told a Chinese news agency the computer giant expects China to overtake the United States as its biggest market.


China is currently our second largest market. I believe it will become our first. I believe strongly that it will, the Xinhua News Agency quoted Cook as saying in an interview.


Cook was visiting Beijing to meet with Chinese regulators and managers of state-owned phone companies.


Xinhua said Cook did not respond to rumors Apple might be developing a lower-cost iPhone for developing markets such as China.


Associated Press


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