Apple's Cook Says China Is a Huge Opportunity Over Time

The transcript discusses Apple's strategic approach to navigating the economic and political landscape in China. Apple focuses on long-term investments, recognizing China's potential as a significant market for both consumers and application developers. Despite short-term economic fluctuations, Apple remains optimistic about its growth prospects in China. The iPhone 7 is highlighted as a popular product, and Apple's business in Greater China is substantial, with a commitment to continue investing in the region.

What is Apple's approach to decision-making in China?

• Prioritizing immediate profits

• Investing for the long term

• Focusing on short-term gains

• Avoiding the Chinese market

Why does Apple view China as an incredible market?

• For its potential in application development

• Because of its short-term economic stability

• Because it has no competition

• Due to its small population

How does Apple perceive short-term economic changes in China?

• As not very exciting

• As an opportunity to exit the market

• As a major concern

• As a reason to stop investments

What was the status of the iPhone 7 in China?

• It was not available in China

• It was the second most popular smartphone

• It was the most popular smartphone

• It was the least popular smartphone

What is Apple's financial performance in Greater China?

• Almost 50 billion in losses

• Almost 50 billion in revenue

• A small fraction of global revenue

• No significant revenue