Description: China is becoming an increasingly vital part of Apple’s business. Over the fiscal second quarter, Apple’s revenue in greater China grew 71 percent, to $16.8 billion, compared with the same period last year, the company said in its financial earnings report on Monday.

Source: NYTimes.com

Date: April 27, 2015

Link: http://www.nytimes.com/2015/04/28/technology/apple-quarterly-earnings.html?_r=0

Questions for discussion:

• Summarize Apple’s latest financial report.
• How do you think this will impact the stock price over the next six months?