Apple becomes world's largest buyer of semiconductors
With an estimated spend of $17.5 billion in the last year alone, Apple surpassed Hewlett-Packard to become the world's largest buyer of semiconductors in 2010, reports IHS iSuppli.
In Wednesday's conference call, Apple COO Tim Cook said that in the first three months of 2011, iPhone sales in ``Greater China'' skyrocketed by almost 250 percent from that of the same time last year, bringing Apple's China revenues in the first fiscal half to a little under $5 billion.