Categories: Business

Apple opens its largest Asian store – ahead of a possible iPad Mini announcement

It’s the one of the biggest market for smartphones and one of the youngest so it’s not surprising that Apple is investing a significant amount in mainland China.

Today the company opened its largest store in Asia in the centre of Beijing.  This is the sixth shop that Apple has opened in China and with it the company is making a strong statement about its intentions in the country.

Apple’s new store is situated in the centre of the city, taking up three floors amounting to over 2,300 square metres (24,750 square feet).  And Apple’s moves in the country are not without warrant – the AFP reports that, as is often the case during openings in Europe and America, dozens of people waited outside of the store prior to its official opening.  Apple made a $13.3 billion in China between 2011 and 2012 and has already reported $12.4 billion this year.

Apple hopes that the store will help it dominate the growing Chinese market.  As far back as March 2012 the world’s leading app analytics firm, Flurry, reported that Chinese users activate more iOS and Android devices than any other country.

The timing of the store’s opening couldn’t be better for Apple, which is set to make an important announcement on October 23.  While the nature of the announcement is still secret most expect that the company will reveal its much anticipated iPad Mini – which the company hopes will let it further widen its lead in the tablet market and make up for some slight loss of ground against Google and Amazon.  These competitors have been biting at Apple’s heels with their Kindle and Nexus 7 tablets.

Ajit Jain

Ajit Jain is marketing and sales head at Octal Info Solution, a leading iPhone app development company and offering platform to hire Android app developers for your own app development project. He is available to connect on Google Plus, Twitter, Facebook, and LinkedIn.

View Comments

  • Apple is an amazing company, I don't like the iPhone, it's amazing how they manage to come from an (almost) bankrupt company to the biggest brand in the world in just over 15 years!

Recent Posts

Check out the cool new pet-tech at Leap Venture Studio’s 9th Cohort Demo Day

Pet lovers are increasingly turning into tech lovers as well as the pet care world…

1 day ago

Tony Blair wants UK to enable animal gene editing, fund precision-bred livestock

Is genetically editing animals really about preventing pandemics, or is there something deeper to it?…

3 days ago

With space economy projected to reach $944 billion, Nisum and DeepSpace Technology partner-up to drive AI innovation to infinity and beyond

With the rise of GenAI dominating conversations in recent years, it can be easy to…

5 days ago

US should study Ukraine war, dominate AI drone tech: Eric Schmidt

AI is an all purpose tool, for good or ill, and Schmidt is placing his…

1 week ago

CBDCs, digital currencies could lead to cash extinction: IMF paper

All signs point towards a cashless society, whether through convenience or coercion -- carrot or…

1 week ago

Financial resilience weakens in SMBs, putting need for robust reporting techniques in the spotlight 

The month-end close process refers to a set of accounting processes to review, record and…

1 week ago