In Apple’s shareholder meeting held yesterday Senior Vice President of retail Ron Johnson stated that Apple is planning to open up to 25 retail stores in China in the next 24 months. Worth noting, Apple opened their first store in Beijing, China in July 2008. Apple COO Tim Cook stated at the Goldman Sachs conference […]
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Apple to Open 25 Retail Stores in China in the Next 24 Months

In Apple’s shareholder meeting held yesterday Senior Vice President of retail Ron Johnson stated that Apple is planning to open up to 25 retail stores in China in the next 24 months.

Worth noting, Apple opened their first store in Beijing, China in July 2008. Apple COO Tim Cook stated at the Goldman Sachs conference that another store will be opening in Shanghai this summer.

Granted China is drowning in cheap knock-offs of name brand products, but China with a population of 1.3 Billion people, represents almost unlimited possibilities.

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