Apple to open 25 stores in China within the next two years
Apple CEO Tim Cook has confirmed that the company plans to open up 25 retail stores in China within the next two years. According to an interview transcript published on Chinese web portal Sina, Apple is looking to expand on its 15 outlets currently located in the country. Cook also recently visited a Foxconn factory in China.
Tim Cook previously touched on expansion plans in China back in May during Apple's earnings call:
Considering just how well the iPhone 6 and iPhone 6 Plus performed in China when pre-orders commenced, it makes sense for Apple to strengthen its presence in the region.
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