Bloomberg’s Edmond Lococo this morning reports from Beijing on a visit over the weekend by Apple’s (AAPL) chief executive Tim Cook, who apparently promised to increase Apple’s investment in China, according to a local Apple spokesperson.
Despite a small number of retail stores, just six, Lococo quotes a marketing consultant based in China, David Wolf, as saying Apple “has done a great job” replicating in China the retail success it’s had in the U.S.
Wolf opines perhaps increased investments by Apple may include the company owning manufacturing or R&D facilities in China.
Apple shares today are up 13 cents at $596.18.
Fin
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