China's Smartphone Boom Is Just Getting Started
In today's video, analysts Austin Smith and Andrew Tonner discuss the amazing smartphone boom in China. With global smartphone shipments hitting 158 million devices in the second quarter and China making up 27% of those devices, the smartphone boom is just getting started. China saw a 199% increase from last year and still has a long runway ahead of it. While Apple is in 5th place for market share, both Austin and Andrew like its odds with the launch of new devices in the country.
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The article China's Smartphone Boom Is Just Getting Started originally appeared on Fool.com.Andrew Tonner owns shares of Apple. Austin Smith owns shares of Apple. The Motley Fool owns shares of Apple, China Mobile, and Google. Motley Fool newsletter services recommend Apple, China Mobile, Google, and Nokia. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.