Apple Inc.’s latest record holiday quarter came in part because of excitement for the iPhone 13 in China, where homegrown Huawei Technologies Co. has seen a decline in its market share following U.S. sanctions.
Greater China revenue rose 21% to a record $25.8 billion during the quarter ending in December, the Cupertino, Calif., tech giant said Thursday. That outpaced its overall revenue growth of 11% to $124 billion, its slowest year-over-year rise in more than a year.
