Tim Cook: Apple’s China business strong

Apple Inc’s China business experienced “strong growth” in July and August, Chief Executive Tim Cook told CNBC on Monday, seeking to assuage investor concerns over the company’s prospects in a market considered critical for its growth.

IPhone activations in China had accelerated over the past few weeks and the App Store in China had its best performance of the year over the past two weeks, Cook told CNBC in an emailed response to questions about Apple’s business in China.

Considering everything that’s been happening in the stock market, it was important that Cook did this. Apple has consistently bucked the trend in selling its products and this appears to be no different.