China is quickly becoming the most important market for Apple (NASDAQ:AAPL). Last quarter, sales in the region increased 70% year-over-year and nearly 300% compared to the first fiscal quarter of 2012. Chinese consumers absolutely love Apple.
With the increasing popularity of the brand in China, the company set out to design a product that is extremely attractive to the growing market of luxury-tech consumers in the country. You can see the thought process play out clearly in the design of the Apple Watch.
Adam Levy owns shares of Apple. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
Relax! Your iPhone 6 Isn't About to Shed 40% of Its Performance
This Fool counters fiction with facts.
Apple, Inc.'s HomePod Launch Could Be Imminent
Contract manufacturer Inventec has reportedly started shipping the Mac maker's first smart speaker.
These Display Makers Are Competing for Apple Inc.'s OLED Orders
This is a positive development for Apple.