Foxconn factory known for producing Apple iPhones. Apple already has 15 stores in China, and the plan is to have 40 by the end of 2016. There is no word yet on where the stores will be located, though Apple has 8 of its current 15 stores in either Shanghai or Beijing.The news came straight from Apple CEO Tim Cook, who is currently in China, and has already toured a
Cook has high hopes for China, saying that it’s just a matter of time” until China is “Apple’s biggest revenue contributor." China became Apple's number two revenue generating country back in 2011, and has since only trailed Apple's home U.S.. We'll have to see how long that holds.