Apple's iPhone sales rose 48 percent in China in June quarter: CFO

Credit: Reuters/Kim Kyung-Hoon

A man talks on an iPhone in Beijing July 24, 2013.

Lower-cost phones sold there by up-and-coming rivals, such as Xiaomi, appeared to be taking market share mainly from other companies that rely on Google's Android mobile software, Maestri added.

'We have a really good runway in front of us with China Mobile,' Maestri said in an interview, referring to Apple's main carrier partner in the world's No. 2 economy.

(Reporting by Christina Farr and Edwin Chan; Editing by David Gregorio)

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