Tim Cook: iPhone sales in China are growing, despite the crisis in the economy

Sales of smartphones the iPhone in China are rising, despite the massive sell-off of shares on the market and the economic problems in the country. This was announced by Apple CEO Tim Cook in the comments told CNBC Jim Cramer.



According to Director General of Apple, the business corporations in China is booming. "As you know, we do not give the message in the middle of the quarter, and we rarely comment on the share price Apple. But I know what your question is raised by many investors, "- comments the head of the channel leading Apple.

"I can tell you that we continue to note strong growth of our business in China from July to August. IPhone activations growth actually accelerated in the last few weeks and we noted a better job the App Store in China for a year in the last two weeks, "- said Cook. "Obviously, I can not predict the future, but our results this quarter so far are encouraging," - he added.


On Monday, global markets began a new wave of sales of shares, which is associated with continuing fears of slowing economic growth in China, the second largest economy in the world. The decision of the Chinese authorities to allow pension funds to invest in stocks failed to support the country's stock market. Reduction index was at the Asian, European and American trading.

During the first day of trading securities Apple workweek, the index traded within a high-tech companies NASDAQ, fell 13% to $ 92 per share. As at 20.54 MSK shares jumped to 105.68 dollars per share.


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