Apple Cuts the Cord on Google
The following video is part of our "Motley Fool Conversations" series in which technology and media editor/analyst Andrew Tonner discusses topics across the investing world.
Smartphone players are looking to China to be a key driver of growth for years into the future. Even despite signs of a slowing economy, the Middle Kingdom should continue to grow at clips that will make the developed world green with envy, which is why the stakes in this massive market are so high. Recently, we saw Apple take a shot at Google in its approach to China in favor of local favorite Baidu. Apple's clearly attempting to distance itself from the company that owns search the world round (except in China). And how will this effect Google? The company already has an extremely strong foothold in the country. However, Apple always makes for formidable competition.
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At the time this article was published Andrew Tonnerhas no positions in the stocks mentioned above. The Motley Fool owns shares of Apple, Baidu, China Mobile, and Google.Motley Fool newsletter services recommendApple, Baidu, China Mobile, and Google. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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