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Apple to open 25 new retail stores in China within next 2 years, says CEO Tim Cook

Apple to open 25 new retail stores in China within next 2 years, says CEO Tim Cook

October 23, 2014

Apple is planning to open 25 additional retail stores in China within the next couple of years.

That’s according to Apple CEO Tim Cook himself, who talked about the company’s Chinese retail expansion in an interview posted by Sina (via Reuters).

There are currently 12 Apple retail stores in China, according to Apple’s official retail store list. These include four outlets in Shanghai, another four in Beijing, one in Chengdu, one in Shenzhen, one in Chongqing, and one in Wuxi, the newest Apple store in the country.

Cook’s comment means that Apple intends to at least triple its official retail presence in China, which has become its largest market.

Cook is currently on business trip in China, where he has met with Vice Premier Ma Kai to discuss data security following reports of iCloud cyberattacks in the country, with workers at Foxconn’s iPhone 6 factory in Zhengzhou, and with Apple’s local retail staff.

Apple revealed during its Q4 FY2014 financial results conference call last Monday that it would open 25 new retail stores in 2015, most of which would be located outside the U.S.

The company is set to open its second retail store in Turkey on Saturday, Oct. 25.

Earlier this month, Apple opened its new stores in Italy, Scotland, Florida, and New Hampshire.

See also: The iPad Air 2 and iPad mini 3 are now available for pick up at your local Apple Store, Apple launches Maps Connect website to make local business listings more accurate, and Apple and GT Advanced Technologies sign deal for “amicable” uncoupling.

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