China's AI Imperative: Apple's Siri Roll out and the Memory Crisis Apple CEO Tim Cook has warned that the slow pace of Siri's roll out in China will exacerbate the memory crisis in the world's largest smartphone market.
This development is not surprising, given China's notoriously competitive tech landscape, but its implications are far more profound than a simple numbers game. Apple's revenue in mainland China rose 22% to $18.
8 billion for the quarter ended June 27, though this still fell short of Wall Street estimates. Globally, Apple's revenue soared by 16% year on year to $109. 4 billion, driven largely by a 22% surge in iPhone sales.