Apple is opening five new stores in time for Chinese New Year

January 15, 2015, 3:58 PM UTC
Apple Labor Report
In this March 28, 2012 photo provided by Apple, Inc., Apple CEO Tim Cook, center, visits the iPhone production line at the newly-built manufacturing facility Foxconn Zhengzhou Technology Park, which employs 120,000 people. A report released Thursday, March 29, by the Washington-based Fair Labor Association says Hon Hai Precision Industry Co., the Taiwanese company that runs Apple's factories in mainland China, has committed to reducing weekly work time to the legal Chinese maximum of 49 hours. (AP Photo/Apple)
Photograph by Apple/AP

Christmas is a fading memory in the U.S., but in Apple’s Asian markets the big shopping season is just getting started.

Which is why retail chief Angela Ahrendts was talking to Xinhua News Thursday about Apple’s plans for expansion in China.

“We are opening five new stores before the Chinese New Year this year,” Ahrendts told China’s state-owned news agency. “Four of the stores are in brand new cities for us.”

By Ahrendt’s count, that will bring the number of Chinese Apple Stores to 20—halfway to Tim Cook’s target of 40 stores in China within two years.

Greater China, which includes Taiwan and Hong Kong, is Apple’s next big market. The region generated nearly $30 billion in revenue in fiscal 2014—16.3% of Apple’s total.

“It’s just a matter of time,” Tim Cook said last fall, before China overtakes the U.S.

The Hangzhou store opens Jan. 24

Chinese New Year, which is based on a lunar calendar, falls on Feb. 19 this year.

The first of Ahrendt’s five new stores opened Saturday, Jan. 10, in Zhengzhou, capital of central China’s Henan Province. A second store is scheduled to open Jan 24 in Hangzhou, Zhejiang Province, a popular tourist destination.

Ahrendt’s brief extends beyond brick and mortar to Apple’s Web presence—which in China is a significant factor. “The fastest growing store for us,” she told Xinhua, “is the Apple Online Store in China.”

Nearly half of China’ s population are Internet users, according to Xinhua, putting 632 million people within a few clicks of

Follow Philip Elmer-DeWitt on Twitter at @philiped. Read his Apple AAPL coverage at or subscribe via his RSS feed.

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