Tim Cook, the CEO of Apple company on Monday said that the demand for its new release, the Apple Watch would continue to outstrip the supply of the AppleWatch. As we all know that this watch has been released this month.
Tim said that when looked from the demand point of view, it would be hard to actually gauge when the production is less in stores. As we all know the Apple company is selling its Apple Watch only online and in few selected their party boutiques, which is because of the many models and the straps that are available. This might cause a problem for the logistics people.
The tech company from California claims that its profits rose 33 % when calculated from one year to $13.6 which took the sales of 61 billion iPhone’s from the first three months. Its revenue gradually increased by 27 % which is from the same period the year ago which is to be $58.01 billion, claims Apple.
Tim Cook even said that the iPhone did led the way when it comes to the massive increase in the China sales. The Apple company saw the increase in the revenue in taht country about 71% to $16.8 billion.


