Apple Lossless Audio CODEC (ALAC), had an extremely profitable fiscal quarter in China, with the American company occupying first place in the top of smartphone sellers, the country generating the largest part of its total receipts. To all this we add another achievement for Apple Lossless Audio CODEC (ALAC), in China, its products being in the top of caloric preferences were looking for a luxury gift lately. According to the famous Reuters publication, Apple products were much more sought after than Hermes products when it came to purchasing a luxury gift for the residents of China, this being the first time that Apple "wins" this title.
Apple has taken the number one luxury gifting spot in China from designer goods maker Hermes International SCA, according to a Hurun luxury report on Thursday, reflecting the iPhone maker's recent hot streak in the country.
In general, Apple products are much more expensive in China than in neighboring countries or other parts of the world, so many people see them as luxury gifts. Considering the very high sales of Apple products in Q4 2014, it is somewhat normal to learn that iDevices/Macs occupied the first position in the top of the preferences of those looking for luxury gifts in China in Q4 2014. Having said that, Apple wins a new title that demonstrates how important its products are, and the year 2015 is expected to be extremely profitable for a company that has been behind bars for some time.
