Q112 Apple Asia Demand Leads to another Strong iPhone Quarter

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Report Summary:

Apple shipped 35 million iPhones worldwide in Q1 2012, while nearly doubling its revenues. The iPhone is seeing strong momentum in China, Japan and elsewhere and continues to broaden its distribution channel with growing operator partnerships. Apple will have some tougher competition in the next two quarters, with several manufacturers, particularly Samsung, launching new high-end Android devices.

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