News Summary

• Apple told investors on Friday that iPhone sales grew in China in the first three months of the year, a surprise to analysts who had dissected industry reports in recent months that appeared to show the opposite.The difference may stem from how Apple and external analysts calculate revenue.
• Related stories Cook's limited remarks on China's iPhone sales raised questions on Friday's call from analysts who compared Apple's data with independent reports.
• Across regions, sales of the smartphone made up over half of the tech giant's net sales, dwarfing contributions from the Mac, iPad, and wearables.
• "The simple question is, when we look at the data points that have been repeatedly reported throughout the course of this quarter, I'm curious, Tim, you know, what are we missing?"
• I don't know how each and every quarter goes and each and every week," Cook said on Friday's call.
• "But over the long haul, I have a very positive viewpoint."