Apple Made $22 Billion In Revenue On Developing World In 2011, Just $1.4B in 2007

CEO Tim Cook described Apple's conquest of emerging markets today at the Goldman Sachs Technology and Internet Conference. He said "In 2007, and we didn't launch the iPhone outside the U.S. until 2008, Apple's revenue combined from greater China and several other parts of asia, India, Eastern Europe, the Middle East, Africa, and Latin America was $1.4 billion. Revenue for that group of countries last year was $22 billion. We're only on the surface."

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