China will soon become the Apple’s largest market

TIm Cook (right) talking to a staff member at an Apple store in Beijing (Credit: Reuters)

China is expected to overtake U.S. and would become the Apple’s largest market soon as said by Tim Cook, Chief Executive, to a Chinese government news agency on a visit to Beijing.

“China is currently our second largest market. I believe it will become our first. I believe strongly that it will,” the Xinhua news agency reported Tim Cook as saying in an interview. However, the time when it would happen is not clear.

Cook was in Beijing to meet Chinese regulators and managers of state-owned China Unicom, the first Chinese carrier to support the iPhone.

Sales in China more than doubled in 2010 and 2011 though there was not a significant growth in the past year, according to Apple.

China’s high-earning consumers really like the Apple’s products but the smartphone market of the company is dominated by the handsets operated on the Google Android system.

Cook, when asked about the complaints at Foxconn, said that the company has strict codes of conduct for its suppliers. Foxconn is a Taiwanese company that assembles Apple’s products.

“We care very deeply about every worker that touches an Apple product, whether they are making it, selling it, serving it or marketing it. We hold ourselves to a very high standard there,” he was quoted as saying.

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