Apple’s fourth quarter earnings report fell short of expectations, and the company lowered its guidance for next quarter. But one bright spot was in Japan, where Apple’s revenue was up 18% from last quarter and 113% from a year prior.
Japan now accounts for 6.58% of Apple’s sales, up from 5.74% in the third quarter and just 3.92% a year ago.
Apple’s revenue declined from last quarter in Europe and Asia Pacific, which excludes Japan. (CEO Tim Cook said last quarter that China accounts for about two-thirds of Apple’s Asia Pacific revenue.)
Overall, Apple reported earnings of $8.67 per share for its fourth quarter and said quarterly revenues rose to $36.0 billion. Analysts had expected the company to post earnings of $8.84 per share. Customers gobbled up 26.9 million iPhones, 58% more units than they did a year ago.