Although global iPhone sales are rising, sales in China fell 13% year over year. Tim Cook attributed the decline to broader economic conditions.

The article reports $20.82 billion in iPhone sales in China for Apple’s fiscal first-quarter 2024, down 13% from the same period a year earlier.

He added that Apple held four of the six top-selling smartphone positions in China.

Worldwide iPhone revenue reached $69.7 billion in the 2023 holiday quarter, compared with $65.8 billion in the fourth quarter of 2022.