People experience in new Apple Store at Jiefangbei in Yuzhong District on January 31, 2015 in Chongqing, Sichuan province of China.
ChinaFotoPress | Getty Images
Apple's success story in China is just beginning.
In fact, analysts say that Wall Street underappreciates how much of a driver that market is for the tech giant's stock.
UBS analyst Steven Milunovich said in a Thursday note that "China has become a critical driver of Apple's results, providing over half of growth at above-average margins."