Apple earnings get China boost

China continued to be the mainstay for tech giant Apple Inc, with a sizable chunk of its fourth-quarter revenues coming from the country amid a slowdown in demand.

The United States company said on Wednesday that China accounted for $12.5 billion of the $51.5 billion revenue it earned for the fiscal quarter that ended in September.

The company said revenue in China had nearly doubled from the same period a year earlier, but showed a slight decline from the previous quarter.